Bringing in pleasant news for the company, the Federal Energy Regulatory Commission (FERC) recently approved Williams Companies Inc.’s WMB Gateway project, which is an expansion of the firm’s Transco pipeline. Notably, the Transco pipeline delivers almost half of the natural gas consumed in New York and New Jersey.
With the existing Transco pipeline capacity being fully utilized, the expansion will allow additional gas volumes to be delivered to the northeastern markets.
Notably, the company had applied for the Gateway expansion project’s FERC permit in late 2017. Upon the receipt of the required regulatory approvals, the company is scheduled to commence the construction of the project in spring 2019.
The Gateway expansion project is expected to come online by November 2020.Much more at the link.
With the Gateway expansion project, Williams will be able to fulfill its commitment to supply an incremental 65,000 dekatherms per day of firm transportation capacity and the mounting natural gas needs of customers in the Northeast during the winters of 2020 to 2021. The project will help provide additional natural gas service to UGI Corporation’s UGI affiliate UGI Energy Services LLC and utility firm Public Service Enterprise Group Inc.’s PEG unit, PSEG Power, LLC.
A quick search of the blog for an RBN Energy blog on the Gateway project was not productive. It's surprising that of all that RBN Energy has written about, I can't find a blog on this project.
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