Williams Partners Seeks FERC Approval to Serve Growing Virginia, North Carolina Natural Gas Markets

  Williams Partners Seeks FERC Approval to Serve Growing Virginia, North
  Carolina Natural Gas Markets

Business Wire

TULSA, Okla. -- December 19, 2012

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.

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.

The Transco pipeline is a 10,200-mile pipeline system which transports natural
gas to markets throughout the northeastern and southeastern United States. The
current system capacity is approximately 9.7 million dekatherms per day.

About Williams Partners L.P. (NYSE: WPZ)

Williams Partners L.P. is a leading diversified master limited partnership
focused on natural gas transportation; gathering, treating, and processing;
storage; natural gas liquid (NGL) fractionation; and oil transportation. The
partnership owns interests in three major interstate natural gas pipelines
that, combined, deliver 14 percent of the natural gas consumed in the United
States. The partnership’s gathering and processing assets include large-scale
operations in the U.S. Rocky Mountains and both onshore and offshore along the
Gulf of Mexico. Williams (NYSE: WMB) owns approximately 70 percent of Williams
Partners, including the general-partner interest. More information is
available at www.williamslp.com, where the partnership routinely posts
important information.

Portions of this document may constitute “forward-looking statements” as
defined by federal law. Although the partnership 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 partnership’s
annual reports filed with the Securities and Exchange Commission.

Contact:

Williams Partners L.P.
Media Contact:
Jeff Pounds, 918-573-3332
or
Investor Contacts:
John Porter, 918-573-0797
or
Sharna Reingold, 918-573-2078
 
Press spacebar to pause and continue. Press esc to stop.