Williams to Expand Transco Pipeline Again, More Marcellus to NE

There’s no doubt that Williams is a major midstream player in the Marcellus and Utica Shale. Williams is in the process of growing–massively–by purchasing Access Midstream (see Big News: Williams Partners Buying Access Midstream for $6B). Williams is also the owner of the Transcontinental (or Transco) pipeline, a 10,200-mile pipeline system, extending from South Texas to New York City. Williams wants to further expand the Transco with it’s Atlantic Sunrise project to bring Marcellus gas to the northeast and southern states (see Williams Plans $2.1B Transco Pipeline Expansion, 100% Sold Already). Yesterday Williams announced an open season (period of time when new customers can sign up) for yet a another expansion of the Transco, this time to bring more Marcellus Shale gas to places like New Jersey and New York City. This newest expansion is being called the Diamond East Project and Williams expects to pony up $500-$800 million to make it happen by 2018…

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