Williams Cos. isn’t slowing down on its construction projects to meet the demand of natural gas.
Speaking this week at the Barclays CEO Energy-Power Conference, CEO Alan Armstrong said his Tulsa-based company is on track to add 12 projects representing nearly 4.2 billion cubic feet a day of capacity over the next three years. This will be on top of the 17 projects that added 5 billion cubic feet a day of capacity from 2018-2023, according to the company’s presentation at the conference.
If you think that’s an optimistic effort by Williams, consider this. The Oklahoma company has nearly 30 other projects under development and they total 11.5 billion cubic feet a day in capacity and $10.2 billion in costs. Those projects could enter service between 2026 and 2032. To put the capacity in perspective, a billion cubic feet of gas will supply nearly 5 milliion homes for a day in the U.S.
One of the latest projects to be added is the 1.8 billion cubic feet a day Louisiana Energy Gateway gas pipeline under construction. It is expected to be completed and operational by the end of 2025. Williams also has the 1.6 bcfd Southeast Supply Enhancement under development and it could be put into service in the fourth quarter of 2027.
According to Reuters, Armstrong told the conference the $1.45 billion Southeast Supply Enhancement will help meet growing demand from residential, commercial and industrial customers in the Mid-Atlantic and Southeast states. Some of the strongest demand is for electricity from data centers.
capacity the company said it brought into service in the 2018-23 period.
The new projects include the 1.8B cf/day Louisiana Energy Gateway gas pipeline, which is under construction and expected to enter service in next year’s H2, and the 1.6B cf/day Southeast Supply Enhancement, which is under development and will help meet growing demand from customers in several U.S. Mid-Atlantic and Southeast states, including fast-growing demand for electricity from data centers, Armstrong said.
capacity the company said it brought into service in the 2018-23 period.
The new projects include the 1.8B cf/day Louisiana Energy Gateway gas pipeline, which is under construction and expected to enter service in next year’s H2, and the 1.6B cf/day Southeast Supply Enhancement, which is under development and will help meet growing demand from customers in several U.S. Mid-Atlantic and Southeast states, including fast-growing demand for electricity from data centers, Armstrong said.
The CEO said Williams (WMB) also has ~30 projects under development representing 11.5B cf/day of capacity and roughly $10.2B in capital spending in its backlog that could enter service in 2026-32.
capacity the company said it brought into service in the 2018-23 period.
The new projects include the 1.8B cf/day Louisiana Energy Gateway gas pipeline, which is under construction and expected to enter service in next year’s H2, and the 1.6B cf/day Southeast Supply Enhancement, which is under development and will help meet growing demand from customers in several U.S. Mid-Atlantic and Southeast states, including fast-growing demand for electricity from data centers, Armstrong said.
The CEO said Williams (WMB) also has ~30 projects under development representing 11.5B cf/day of capacity and roughly $10.2B in capital spending in its backlog that could enter service in 2026-32.
