HOUSTON, Nov. 1, 2002 — A unit of Williams announced that it has placed two expansion projects into service, increasing capacity on its Transco pipeline system by 260,000 dekatherms per day. This additional firm transportation capacity serves markets in the Northeast.
MarketLink Phase two and Leidy East expansion projects supply enough natural gas to heat about 500,000 homes, or provide fuel for power plants to generate more than 1.5 gigawatts of electricity, which can serve approximately 1.5 million homes.
Steve Malcolm, chairman, president and chief executive officer, said, “These expansions meet critical needs of our customers and represent an investment in the future and performance of this core asset. The Transco system has always been a positive contributor to Williams’ earnings since we acquired it in 1995.”
Together, the projects add 11 pipeline loops, totaling 63 miles, along Transco’s existing mainline system. The projects also add 3,400 horsepower of compression at two existing compressor stations in New Jersey and Pennsylvania.
MarketLink, approved by the Federal Energy Regulatory Commission in April 2000, was constructed in two phases. Phase one was placed into service in December 2001, and increased capacity by 166,000 Dth/d. Phase two delivers an additional 130,000 Dth/d to the region.
The Leidy East expansion was approved by FERC in October 2001.
“Williams’ Transco pipeline has provided reliable, economic gas transportation services to the Northeast for more than 50 years. These expansions will help meet the growing needs of traditional utility, residential and industrial customers, as well as the region’s increasing number of gas-fired power generation facilities,” said Doug Whisenant, president of Williams’ natural gas pipeline business.
Williams is the nation’s second largest interstate natural gas pipeline operator. Williams’ subsidiaries wholly own and operate 20,400 miles of interstate natural gas pipeline, comprised of the Transco, Northwest and Texas Gas systems.
Williams moves, manages and markets a variety of energy products, including natural gas, liquid hydrocarbons, petroleum and electricity. Based in Tulsa, Okla., Williams’ operations span the energy value chain from wellhead to burner tip. Company information is available at www.williams.com .