Seeking Alpha

Williams suspends capital investments In Bluegrass Pipeline project

  • Williams Cos. (WMB) says it is suspending capital investments in the proposed Bluegrass Pipeline natural gas liquids project due to a lack of firm customer commitments.
  • The project, in which WMB is a joint venture partner with Boardwalk Pipeline Partners (BWP), is designed to connect NGLs produced in the Marcellus-Utica areas in the U.S. northeast with domestic and export markets on the U.S. Gulf coast.
  • WMB says it continues in talks with potential customers on the scale and timing of demand for services that could support any future capital investments.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs