TULSA, Okla.--(BUSINESS WIRE)--Williams (NYSE: WMB) today announced that its Gulf Connector Project has
been placed into full service, further connecting its Transco pipeline –
the largest-volume interstate natural gas pipeline in the U.S. - with
global liquefied natural gas (LNG) markets.
The Gulf Connector Project expands the Transco pipeline’s delivery
capacity by 475 million cubic feet per day (MMcf/d), providing service
to Cheniere Energy’s Corpus Christi liquefaction terminal and Freeport
LNG Development, L.P.’s liquefaction project.
“Since 2017, Williams has now added more than two billion cubic feet per
day of capacity to directly serve global LNG export facilities,” said
Alan Armstrong, president and chief executive officer of Williams.
“Projects like Gulf Connector, which leverage existing gas pipeline
infrastructure, make it possible to connect abundant domestic supply
with emerging international markets, giving a boost to the U.S. economy
while helping meet the world’s increasing demand for clean energy.”
Williams is well-positioned to take advantage of the projected surge in
LNG demand growth, as its Transco pipeline passes through every U.S.
state with an LNG export facility currently under construction. Natural
gas demand to serve LNG export facilities along the Transco pipeline
corridor is expected to grow by approximately 11 billion cubic feet per
day (Bcf/d) by 2025.
Gulf Connector is Williams’ second project designed to serve Gulf Coast
LNG terminals. In February 2017, Williams placed into service its Gulf
Trace Project, providing 1.2 Bcf/d to Cheniere Energy’s Sabine Pass
Liquefaction project in Cameron Parish, Louisiana.
Train one of Cheniere Energy’s Corpus Christi liquefaction terminal
began commissioning in August 2018 with completion estimated in Q1
2019. The first three trains, in commissioning and under construction,
will have a liquefaction capacity of 13.5 million tons per annum (mtpa).
Train one of Freeport LNG export terminal is expected to enter
commercial operation in Q3 2019. The Freeport facility has three
liquefaction trains under construction with an export capacity of over
15 mtpa.
Transco is the nation’s largest-volume interstate natural gas pipeline
system. It delivers natural gas to customers through its approximately
10,000-mile pipeline network whose mainline extends nearly 1,800 miles
between South Texas and New York City. The system is a major provider of
cost effective natural gas services that reach U.S. markets in 12
Southeast and Atlantic Seaboard states, including major metropolitan
areas in New York, New Jersey and Pennsylvania.
About Williams
Williams (NYSE: WMB) is a premier provider of large-scale infrastructure
connecting U.S. natural gas and natural gas products to growing demand
for cleaner fuel and feedstocks. Headquartered in Tulsa, Okla., Williams
is an industry-leading, investment grade C-Corp with operations across
the natural gas value chain including gathering, processing, interstate
transportation and storage of natural gas and natural gas liquids. With
major positions in top U.S. supply basins, Williams owns and operates
more than 33,000 miles of pipelines system wide – including Transco, the
nation’s largest volume and fastest growing pipeline – providing natural
gas for clean-power generation, heating and industrial use. Williams’
operations handle approximately 30 percent of U.S. natural gas. www.williams.com
Portions of this document may constitute “forward-looking statements”
as defined by federal law. Although the company believes any such
statements are based on reasonable assumptions, there is no assurance
that actual outcomes will not be materially different. Any such
statements are made in reliance on the “safe harbor” protections
provided under the Private Securities Reform Act of 1995. Additional
information about issues that could lead to material changes in
performance is contained in the company’s annual and quarterly reports
filed with the Securities and Exchange Commission.
