FERC approves Williams Partners LP's USD300 million pipeline expansion project
Publicly-held Williams Partners LP recently announced that it has received federal approval for its USD300 million Transco expansion project.
Transco is the largest natural gas pipeline system in the US. The pipeline system produces natural gas enough to provide power to over 42 million households.
Reuters said Transco's expansion would serve power company Dominion Resources Inc.'s new 1,358-megawatt gas power plant in Virginia. The project would also help replace generating capacity from retiring coal-fired plants.
The Federal Energy Regulatory Commission (FERC) approved the pipeline expansion on Thursday, the report said.
According to Reuters, over 90% of Transco's total expanded capacity will serve Dominion Virginia Power's new power plant. The rest will serve Piedmont Natural Gas Company's local distribution in North Carolina.
The USD300 million Virginia Southside Expansion is part of the USD2.2 billion Transco growth program. Williams Partners intends to bring the said projects into service by 2017, Reuters said.