Williams Partners L.P. (NYSE: WPZ) announced today that its Transco pipeline has filed an application with the Federal Energy Regulatory Commission (FERC) to provide 270,000 dekatherms per day of incremental, year-round firm natural gas transportation capacity to serve growing markets in Virginia and North Carolina.
“Historically low natural gas prices and the public’s desire for cleaner energy have fueled an increasing need for natural gas service”
The Virginia Southside Expansion is targeted to be placed into service by September 2015. It is designed to provide 20,000 dekatherms per day of natural gas transportation capacity to Piedmont Natural Gas Company and 250,000 dekatherms per day of natural gas transportation capacity to Dominion Virginia Power.
“Historically low natural gas prices and the public’s desire for cleaner energy have fueled an increasing need for natural gas service,” said Frank Ferazzi, vice president and general manager of Williams’ Transco pipeline. “This project is a great opportunity for us to support these utilities in serving the growing electric power and gas distribution needs in this region. We look forward to working with the FERC and all stakeholders to provide essential natural gas supply access in a manner that is efficient and minimizes environmental impacts.”
The project is designed to consist of approximately 100 miles of new 24-inch diameter pipeline extending from the Transco mainline in Pittsylvania County, Va., and into Halifax, Charlotte, Mecklenburg, and terminating in Brunswick County, Va. The pipe would be placed parallel to the existing Transco pipeline, alongside of the existing utility corridor. The proposal would also include a new compressor facility in Pittsylvania County, Va. The capital cost of the project is estimated to be $298 million.
Source: Business Wire
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