Williams suspends investment in Bluegrass NGL Pipeline

The company says it will continue to engage in discussions with potential customers regarding the scale and timing of demand for services and the required firm contractual commitments that would support any future capital investments.

The project, in which Williams is a joint-venture partner with Boardwalk Pipeline Partners, is designed to connect natural gas liquids produced in the Marcellus-Utica areas in the northeast USA with domestic and export markets in the US Gulf Coast.

In December 2013, Williams and Boardwalk Pipeline Partners extended their open season to secure industry commitments to the Bluegrass project, in response to requests of interested shippers who wanted additional time to evaluate the pipeline project and the project’s market outlet options.

At the time of the extension, Boardwalk Pipeline Partners’ Senior Vice President and Chief Commercial Officer John Haynes said “We are pleased with the quality of interest shown thus far by producers that are active in the Utica and Marcellus shale plays.

“Extending our open season provides potential shippers with more time to evaluate how our proposed project fits their growing needs for NGL transport, fractionation, export and other end-use market options.”

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