Williams’ CEO explains lawsuit against Energy Transfer

 

 

Tulsa’s Williams Cos. CEO Alan Armstrong talked this week about the “very large lawsuit” the company brought against Energy Transfer in a fight over pipeline crossings in a Louisiana project.

Armstrong, in an interview with Argus, explained how the suit was necessary because of a legal spat between the companies delayed construction of a Williams’ Louisiana pipeline.

Argus quoted Armstrong as saying Energy Transfer was the only company in “pipeline history” to ignore industry norms when it comes to pipeline crossings—-a move he said was intended to block projects of competitors. He also hopes the Williams lawsuit will reverse the “very bad precedent” set by Energy Transfer.

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