Articles tagged Williams

Natural gas futures erased early gains to finish lower on Tuesday as traders took profits to pause a rally sparked by this month’s dropoff in gas production.

Williams is plowing ahead to bring a large Southeast project online amid the “unprecedented pace” in natural gas demand growth. It is also turning attention to other burgeoning opportunities, including offshore in the Gulf of Mexico (GOM), executives said.

The natural gas industry criticized a federal appeals court for tossing approval of the Regional Energy Access (REA) expansion project by Williams, claiming the ruling ignored the need for additional natural gas in the Northeast.

A second Louisiana court has sided with Williams in its dispute with Energy Transfer LP over natural gas pipeline crossings, clearing another obstacle for the Louisiana Energy Gateway (LEG) system that would supply LNG export terminals.

Williams' major natural gas pipeline system has requested federal approval to place more capacity into service next month on the 0.83 Bcf/d Regional Energy Access (REA), which serves Pennsylvania to New Jersey.

LNG remains a major driver for the U.S. natural gas industry and will play an even larger role for incremental demand. 

Williams executives are expecting strong growth for natural gas consumption in the years ahead, but said those levels of demand may not come “quite as quickly as a lot of people think,” and, in one case, that demand was not enough to overcome opposition to a pipeline project.

A Louisiana appeals court on Wednesday ruled that Energy Transfer LP may not block DT Midstream Inc. (DTM) from building natural gas pipeline crossings underneath its system, with one judge stating that Energy Transfer’s property rights do not extend “to the center of the earth.”

FERC last week granted approval for a pair of natural gas pipeline projects, including Enbridge Inc.'s East Tennessee Natural Gas LLC (ETNG) and Williams’ Transcontinental Gas Pipe Line Company Co. LLC, aka Transco.

The U.S. natural gas demand story has been geared to LNG growth, but there’s another story that could become even bigger: fueling a proliferation of computer data centers.