Oil, Gas and Consumable Fuels
Company Overview of Northwest Pipeline LLC
Northwest Pipeline LLC owns and operates an interstate pipeline system for the mainline transmission of natural gas. The pipeline system extends from the San Juan Basin in northwestern New Mexico and southwestern Colorado through Colorado, Utah, Wyoming, Idaho, Oregon, and Washington to a point on the Canadian border near Sumas, Washington. The company’s pipeline system includes approximately 3,900 miles of mainline and lateral transmission pipeline, and 41 transmission compressor stations. It provides natural gas transportation services for markets in Washington, Oregon, Idaho, Wyoming, Nevada, Utah, Colorado, New Mexico, California, and Arizona, either directly or indirectly through interc...
295 Chipeta Way
Salt Lake City, UT 84108
Founded in 1965
Key Executives for Northwest Pipeline LLC
Principal Executive Officer and Senior Vice President of West
Principal Financial Officer
Assistant Corporate Secretary
Compensation as of Fiscal Year 2014.
Northwest Pipeline LLC Key Developments
Williams Partners L.P., Northwest Pipeline LLC and Transcontinental Gas Pipe Line Company, LLC Enter into Amendment No.1 and Consent to the First Amended & Restated Credit Agreement
Dec 4 14
On December 1, 2014, Williams Partners L.P., Northwest Pipeline LLC and Transcontinental Gas Pipe Line Company, LLC (together the Borrowers) entered into Amendment No.1 and Consent to the First Amended & Restated Credit Agreement, dated as of July 31, 2013, by and among the Borrowers, the lenders named therein and Citibank N.A., as administrative agent. Each of the Borrowers and Access Midstream Partners, L.P. (ACMP) is indirect subsidiary of The Williams Companies Inc. The Amendment, among other things, provides the consent of the lenders holding a majority of lending commitments (the "Required Lenders") under the Credit Agreement to the continuation of the Credit Agreement as the credit facility for ACMP upon consummation of the merger of the Partnership with and into ACMP (the "Merger") and the termination of ACMPs existing credit agreement. The Amendment further provides the consent of the required Lenders that certain existing liens and guarantees of indebtedness of ACMP that are terminated in connection with the Merger shall not constitute liens and guarantees of indebtedness under the Credit Agreement. The Amendment further provides the consent of the Required Lenders that the Merger shall constitute a "Specified Acquisition" under the Credit Agreement, meaning that the Credit Agreement will prohibit the ratio of debt to EBITDA of ACMP at end of the fiscal quarter following the Merger, and at the end of the two fiscal quarters immediately thereafter, to exceed 5.50 to 1.00. In addition, the Amendment amends, upon consummation of the Merger and delivery by ACMP of an acknowledgment of its obligations under the Credit Agreement, the definition of "Partnership Agreement" to mean the limited partnership agreement of ACMP, and the definition of "Senior Notes" to mean all material indebtedness with an aggregate principal amount in excess of $100,000,000 issued by ACMP (including all such indebtedness issued by the Partnership prior to the Merger).
Northwest Pipeline GP Converts from General Partnership to Limited Liability Company
Jul 3 13
Northwest Pipeline GP converted from a Delaware general partnership to a Delaware limited liability company, thereafter called Northwest Pipeline LLC.
FERC Issues Order to Northwest Pipeline GP on Fuel Reimbursement Factors
Mar 27 13
The U.S. Department of Energy's Federal Energy Regulatory Commission issued delegated order to Northwest Pipeline GP. On February 29, 2012, as amended on March 5, 2013, Northwest Pipeline GP (Northwest) filed revised tariff records to update the fuel reimbursement factors used to provide in-kind reimbursement for Northwest's fuel gas used and gas lost and unaccounted-for for its various transportation services. Northwest's section 14.12 of its General Terms and Conditions requires the factors for the transportation rate schedules to be determined semi-annually to become effective April 1 and October 1 of each year, and the factors for the storage rate schedules to be determined effective April 1 of each year. This acceptance for filing shall not be construed as a waiver of the requirements of section 7 of the Natural Gas Act, as amended; nor shall it be construed as constituting approval of the referenced filing or of any rate, charge, classification, or any rule, regulation, or practice affecting such rate or service contained in tariff; nor shall such acceptance be deemed as recognition of any claimed contractual right or obligation associated therewith; and such acceptance is without prejudice to any findings or orders which have been or may hereafter be made by the Commission in any proceeding now pending or hereafter instituted by or against company.
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