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Williams Delivers Record Volumes Driven by Continued Transco Expansions
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Rhea-AI Summary
Williams (NYSE: WMB) has achieved a record delivery of 17.15 million dekatherms (MMdt) of natural gas via its Transco interstate pipeline on January 3, 2022. This surpasses the previous record from February 20, 2020, driven by expansions to meet increasing demand from customers across the Eastern Seaboard and Gulf Coast. Contracted capacity on Transco has nearly tripled since 2008, now at around 18.7 MMdt/d. The company emphasizes the importance of reliable natural gas infrastructure, especially during peak demand periods in winter.
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Record delivery of 17.15 MMdt of natural gas on January 3, 2022.
Contracted capacity on Transco nearly tripled from 6.6 MMdt/d in 2008 to approximately 18.7 MMdt/d in 2021.
Expansion projects like Leidy South enhance service while minimizing environmental impact.
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TULSA, Okla.--(BUSINESS WIRE)--
Williams (NYSE: WMB) announced today that it recently delivered a record amount of natural gas on its Transco interstate pipeline, providing essential and reliable service to natural gas distribution companies, electric power generators, LNG exporters and other customers located along the Eastern Seaboard and Gulf Coast.
Transco, the nation’s largest-volume natural gas transmission system, delivered a record-breaking 17.15 million dekatherms (MMdt) on Jan. 3, 2022. The new peak-day mark surpasses the previous high that was set on Feb. 20, 2020. While extreme winter weather usually coincides with peak-day deliveries, the volume record this week was due to continued expansions on Transco to serve the growing demands for U.S. natural gas.
To meet this demand, Williams has nearly tripled contracted capacity on Transco to approximately 18.7 MMdt/d in 2021 (from 6.6 MMdt/d in 2008) primarily through incremental growth projects along Transco’s existing footprint. Leidy South was the most recently completed expansion project to maximize the use of Transco’s existing corridor and minimize environmental impacts.
“The value of safe, dependable natural gas infrastructure becomes abundantly clear when millions of homes, businesses and manufacturing facilities across the United States need reliable, low-cost energy more than ever,” said Alan Armstrong, president and chief executive officer of Williams. “We are proud to deliver this critical service all year long and especially during winter periods of peak demand when it is most appreciated. I want to thank our teams for their dedication to safe and efficient execution on projects while also keeping our operations running smoothly so Williams can be there for our customers as they work to bring clean, affordable and reliable natural gas to consumers.”
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 approximately 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 committed to being the leader in providing infrastructure that safely delivers natural gas products to reliably fuel the clean energy economy. Headquartered in Tulsa, Oklahoma, 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 connects the best supplies with the growing demand for clean energy. Williams owns and operates more than 30,000 miles of pipelines system wide – including Transco, the nation’s largest volume and fastest growing pipeline – and handles approximately 30 percent of the natural gas in the United States that is used every day for clean-power generation, heating and industrial use.
What was the record delivery amount for WMB's Transco pipeline?
Williams achieved a record delivery of 17.15 million dekatherms (MMdt) on January 3, 2022.
When did Williams set a new peak-day delivery record on its pipeline?
The new peak-day delivery record was set on January 3, 2022.
How much has the contracted capacity increased for WMB's Transco pipeline?
Contracted capacity on Transco has increased from 6.6 MMdt/d in 2008 to approximately 18.7 MMdt/d in 2021.
Which customers benefit from WMB's Transco pipeline?
Transco serves natural gas distribution companies, electric power generators, LNG exporters, and various customers along the Eastern Seaboard and Gulf Coast.
