Oil, Gas and Consumable Fuels
Company Overview of Transcontinental Gas Pipe Line Company, LLC
Transcontinental Gas Pipe Line Company, LLC engages in the interstate transportation of natural gas in the United States. The company owns a natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Pennsylvania, and New Jersey to the New York City metropolitan area. It primarily serves public utilities and municipalities that provide service to residential, commercial, industrial, and electric generation end users; and shippers, such as public utilities, municipalities, intrastate pipelines, direct industrial users, electrical generators, and gas marketers and producers. The ...
2800 Post Oak Boulevard
Houston, TX 77056
Founded in 1946
Key Executives for Transcontinental Gas Pipe Line Company, LLC
Vice President and Treasurer
Senior Vice President and Director
Controller and Assistant Treasurer
Vice President, Director and Member of Management Committee
Compensation as of Fiscal Year 2016.
Transcontinental Gas Pipe Line Company, LLC Key Developments
Transco Applies for Federal Energy Regulatory Commission Authorization for an Expansion Project to Serve Louisiana Chemical Plant
Feb 8 17
Transcontinental Gas Pipe Line requested Federal Energy Regulatory Commission authorization for an expansion project that would provide 161,500 Dth/d of natural gas transportation service to an industrial customer in Louisiana. The company applied for a certificate to expand it's interstate transmission system on Feb. 6, 2017. The St. James supply project would provide increased transportation capacity from a Transco station in St. Helena Parish, La., to a new interconnection at a proposed methanol manufacturing plant in St. James Parish, La. The project's customer, Yuhuang Chemical Inc.'s YCI St. James Enterprises LLC, would use the gas supplies for the proposed plant. YCI has contracted for the entire 161,500-Dth/d amount in a 20-year precedent agreement with Transco. The project is estimated to cost approximately $33.5 million. Transco asked the commission for a final certificate order approving the project by Jan. 1, 2018. An approval by that date would allow Transco to place the project in service by Jan. 1, 2019, the pipeline company said, a date requested by YCI.
Transco Commences Registered Exchange Offer for its 7.85% Senior Notes Due 2026
Dec 5 16
Transcontinental Gas Pipe Line Company, LLC announced that it has commenced an offer to exchange any and all of its $1 billion in aggregate principal amount of outstanding 7.85% Senior Notes due 2026 (the ‘Original Notes’) for an equal amount of its registered 7.85% Senior Notes due 2026 (the ‘Exchange Notes’). The terms of the Exchange Notes are identical in all material respects to those of the Original Notes, except that the Exchange Notes have been registered under the Securities Act of 1933, as amended, and the transfer restrictions, registration rights and additional interest provisions relating to the Original Notes do not apply to the Exchange Notes. The purpose of the Exchange Offer is to fulfill Transco’s obligations under the registration rights agreement entered into in connection with the issuance of the Original Notes. Transco will not receive any proceeds from the exchange offer. The exchange offer will expire at 5:00 p.m. Eastern Standard Time (EST) on Jan. 4, 2017, unless extended (such date and time, as may be extended, the ‘Expiration Date’). The settlement date for the exchange offer will occur promptly following the Expiration Date. The terms of the exchange offer and other information relating to Transco and the Exchange Notes are in a prospectus dated Dec. 5, 2016, a copy of which has been filed with the Securities and Exchange Commission. Transco has not authorized any person to provide information other than as in the prospectus.
Transcontinental Gas Pipe Line Co.'s Dalton Gas Expansion in Georgia Secures FERC Approval
Aug 8 16
FERC approved Transcontinental Gas Pipe Line Co.'s expansion project that will deliver an additional 448,000 Dth/d of gas in Georgia. FERC issued a certificate of public convenience and necessity to build and operate the project in its Aug. 3 order. The commission attached a number of conditions to the approval, and the commission must still approve late modifications to the project. The U.S. EPA urged FERC in May to reconsider its environmental assessment of the project. The EPA claimed the report did not "fully describe the magnitude and intensity of the impacts" of the Dalton expansion project. The agency also recommended that FERC supplement the environmental review after Transco submitted almost 30 modifications to the application after FERC published the positive review on March 31. The project is expected to cost approximately $471.9 million. FERC's order also stipulated that the project must be constructed and ready for service within two years, by Aug. 3, 2018. The 115 miles of various-diameter pipeline will be installed in Georgia. Three meter stations, one compressor station, valves, yard piping and other accessory facilities will be constructed and installed in Virginia, North Carolina and Georgia. Transco executed binding precedent agreements for firm transportation service with Atlanta Gas Co. for 240,000 Dth/d and Oglethorpe Power Corp. for 208,000 Dth/d. The additional capacity will be delivered from a receipt point in Zone 6 on Transco's main line in Mercer County, N.J., to an interconnection with Boardwalk Pipeline Partners LP's Gulf South Pipeline Co. LP in Pike County, Miss., and interconnections in northwest Georgia. The project will be jointly owned by Transco and Dogwood Enterprise Holdings Inc., with Dogwood acting as a passive owner.
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