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Stock impact report

Williams Receives FERC Approval for Gateway Project to Serve Growing Northeastern Market

Williams Companies, Inc. (The) (WMB) 
Last williams companies, inc. (the) earnings: 2/19 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.williams.com
Company Research Source: Business Wire
TULSA, Okla.--(BUSINESS WIRE)-- Williams (NYSE: WMB) today reported that the Federal Energy Regulatory Commission (FERC) has issued a certificate of public convenience and necessity authorizing the Gateway Expansion Project – an expansion of the existing Transco natural gas pipeline designed to create 65,000 dekatherms per day of firm transportation capacity for northeastern markets. The Gateway project helps meet growing natural gas demand by consumers in New Jersey and New York in time for the 2020/2021 winter heating season, providing additional natural gas service to PSEG Power, LLC (PSEG) and UGI Energy Services, LLC. “Natural gas is a critical, low-cost component of the mix of energy sources necessary to meet the region’s growing energy needs and to help meet its aggressive clean air goals,” said Micheal Dunn, chief operating officer of Williams. “Energy infrastructure upgrades like our Gat Show less Read more
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