Williams Companies Plows into Pipeline Projects, Feels Natural Gas Glow
Williams Companies Plows into Pipeline Projects, Feels Natural Gas Glow
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May 4, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--The Williams Companies Incorporated (NYSE:WMB) (Tulsa, Oklahoma) is engaging in a bevy of pipeline projects across the south and northeast U.S. as it sees heightened demand for natural gas both domestically and abroad.
Industrial Info is tracking $3.9 billion worth of active projects by the energy pipeline and infrastructure company, ranging in value from $1 million to $2 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Pipeline Project Database can click here for a list of detailed project reports.
"This past quarter we achieved a 3% increase in transmission contracted capacity compared to the same period last year led by bringing on line the Leidy South Transco expansion project throughout 2021," Chief Executive Officer Alan Armstrong said in an earnings press release on Tuesday. Williams completed the Leidy South expansion of its existing Pennsylvania infrastructure, which was designed to carry about 600 million standard cubic feet per day (MMSCFD) of natural gas supply from the Marcellus and Utica shale plays to markets along the Atlantic Seaboard in time for the 2021-2022 winter heating season.
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