Williams plans $300M nat gas pipe expansion for U.S. LNG export

|About: Williams Partners L.P. (WPZ)|By:, SA News Editor

Williams Partners (WPZ -0.4%) says it plans to expand part of its Transco pipeline to deliver natural gas to Cheniere Energy Partners' (LNG, CQP) Sabine liquefied natural gas export facility under construction in Louisiana.

WPZ says the 1.2M dekatherms/day Gulf Trace expansion will add "a very large, long-term market commitment in an area of Transco`s system that is seeing decreased utilization due to changing gas supply patterns in the U.S."

The project is expected cost ~$300M, with a planned in service date in early 2017, subject to government approvals.

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