Skeptical Investor Changes Mind on Williams’ NY Pipeline Prospects
Back in May, a prominent Wall Street fund manager (investor) was skeptical that Williams would be able to revive and build two pipeline Marcellus projects: the Constitution Pipeline and the Northeast Supply Enhancement (NESE) Project. Then he sat down to dinner with Williams executives. He came out of that meeting with his mind changed. “I came out of that dinner pretty optimistic. I went in very skeptical. It changed my mind.” If you had any reservations that maybe, just maybe, antis would once again defeat these two projects, set your mind at rest. People with significant financial stakes don’t invest their money in ventures that aren’t a sure thing. That’s our takeaway. Read More “Skeptical Investor Changes Mind on Williams’ NY Pipeline Prospects”
Big Green is keeping up the pressure on New York Governor Kathy Hochul to block two natural gas pipeline projects that have roared back to life at the prompting of President Trump. Just a week and a half ago, a Big Green rent-a-mob of some 400 (paid) protesters held a rally in New York City and proceeded to march across the Brooklyn Bridge to register their opposition to new natural gas pipelines (see 
We’ve extensively covered the Williams Northeast Supply Enhancement (NESE) Project over the years, including its death in May 2024 (see 
George Soros-backed Big Green groups are not happy with New York Governor Kathy Hochul and her concession to Donald Trump to allow new pipeline projects to proceed in the state (see 
Pipeline giant Williams issued its second quarter 2025 update yesterday. Williams is a huge company with many fingers in many pies. Of greatest concern to us are those projects that will flow Marcellus/Utica molecules. The big news of the day was that Williams has officially signed up customers for the Northeast Supply Enhancement (NESE) project, which triggers a series of next actions. Primarily, the company expects a reissued certificate for the project from the Federal Energy Regulatory Commission (FERC). CEO Chad Zamarin answered a question about timing and stated that he expects a water permit from New York State to be issued “in the next few months.” That’s sure to spark protest from antis! Also of note: the Transco pipeline hit a new all-time flow rate on July 29 of 16.1 Bcf/d. 
As we mentioned in two different posts today (about the 2Q updates from Coterra and Williams), the Constitution Pipeline project is currently not a top priority for Williams. In fact, Williams’ management didn’t even mention the project during their update. Coterra management did mention it as one of the “top-of-mind” projects for them, but acknowledged that another project, the Northeast Supply Enhancement (NESE) pipeline project, is currently the focus for Williams. Coterra and Williams *might* want to talk to President Trump, because the Constitution project is a big, fat priority for him. Yesterday, Trump’s EPA Administrator, Lee Zeldin, published a major “we need the Constitution Pipeline and we need it now” op-ed in the Boston Globe. 
Two pipeline kingpins are engaged in a scuffle with the Federal Energy Regulatory Commission (FERC) to get their competing pipeline projects approved. One is Williams’ Transco Southeast Supply Enhancement Project, the other is EQT’s MVP Southgate project. Both projects would be built in the same general area, starting at the same point near Chatham, Virginia, and ending near Eden, North Carolina. Both claim they have customers ready to take their gas. In a recent FERC filing, Williams said that its project could easily handle Southgate MVP’s capacity by adding meter tubes and regulation at an existing station. EQT is not pleased with the attempt to undercut Southgate. The question is: Will FERC approve both, or just one? 
We’re sorry to have to say this, but New York State Senator Lea Webb is either a liar or a really dumb person. Prompted by some of her supporters (nine people, to be exact), Webb held a press conference in Binghamton, NY, last week to repeat the same tired old lies that building a pipeline (e.g., the Constitution Pipeline) will jeopardize lives, livelihoods, and water quality for residents of the Southern Tier. That’s a flat-out, 100% lie, and she should be ashamed. 
The Northeast Supply Enhancement (NESE) project is designed to increase Transco pipeline capacity and flows of Marcellus gas heading into New York City and other northeastern markets. Following some intense conversations between President Trump and New York Governor Kathy Hochul, she caved (according to the White House). She agreed to allow two long-stalled pipeline projects—the Constitution and NESE—to get built in NY in return for Trump allowing her to continue to sink $5 billion into an offshore wind project (see 
The Northeast Supply Enhancement (NESE) project is designed to increase Transco pipeline capacity and flows of Marcellus gas heading into New York City and other northeastern markets. Following some intense conversations between President Trump and New York Governor Kathy Hochul, she caved (according to the White House). She agreed to allow two long-stalled pipeline projects—the Constitution and NESE—to get built in NY in return for Trump allowing her to continue to sink $5 billion into an offshore wind project (see 
Well, you knew this was coming. Radicalized green groups are gearing up to challenge two recently resurrected Williams pipeline projects: The Constitution Pipeline, a 124-mile, 660 MMcf/d greenfield (brand new) pipeline from the gas fields of northeastern Pennsylvania (in Susquehanna County) into and through New York to Schoharie County; and the Northeast Supply Enhancement (NESE) project, designed to increase Transco pipeline capacity and flows of Marcellus gas heading into New York City and other northeastern markets. 
We’ve pointed out (for years) the relative success the anti-drilling left has had in blocking new pipeline projects to carry Marcellus/Utica molecules to other regions, stifling new drilling in our area as a result. Although it has been and will continue to be a challenge to build new pipeline projects, the Trump administration is making it easier. Trump’s policies encourage new pipelines and more access to natural gas. We spotted an article from Reuters that provides an overview of eight pipeline projects that are actively being pursued to carry M-U molecules to other regions. We’ve covered all of these projects in previous posts. The Reuters article compiles the most likely candidates for new pipeline projects into a single, convenient article. 
Following President Trump’s quid pro quo deal with New York Governor Kathy Hochul in which Trump is allowing a $5 billion offshore wind project to proceed in return for Hochul allowing two Williams gas pipeline projects, Williams wasted no time in restarting one of the two projects, the Northeast Supply Enhancement (NESE) project (see 
Last week, MDN told you that EQT’s vice president of midstream, Robert Wingo, was moving on to another job (see