Williams Partners seeks FERC approval to expand natural gas service Williams Partners L.P. announced that its Transco pipeline has filed an application with the Federal Energy Regulatory Commission to provide 270,000 dekatherms per day of incremental, year-round firm natural gas transportation capacity to serve markets in Virginia and North Carolina. The Virginia Southside Expansion is targeted to be placed into service by September 2015. It is designed to provide 20,000 dekatherms per day of natural gas transportation capacity to Piedmont Natural Gas Company and 250,000 dekatherms per day of natural gas transportation capacity to Dominion Virginia Power. The capital cost of the project is estimated to be $298M.
Williams Partners raises quarterly dividend 5.8% to 92.85c The board of the partnership's general partner has approved the quarterly cash distribution, which is payable on Nov. 7 to common unitholders of record at the close of business on Oct. 31.