Boston, MA 06/06/2014 (wallstreetpr) – William Companies, Inc. (NYSE:WMB), a leading energy infrastructure company, has been engaged with estimating shippers’ interest at its Eminence Storage Field.
Transcontinental Gas Pipeline Co unit of the company reported to start an open season on Tuesday to estimate interest in natural gas storage space at its Eminence Storage Field, which is in Covington County, Mississippi. The open season is scheduled to run from the start date of June 3, 2014 through July 16, 2014. The more than one month period will offer storage service for as much as 8.7 billion cubic feet of withdrawals everyday and up to 7.3 billion cubic feet of input on everyday basis. The Eminence salt cavern storage space will also provide a storage space of up to 73.1 billion cubic feet.
Covington County, Mississippi storage capacity is expected to become available in August, which, as per a website posting, presently, has an operating capacity of approximately 12 billion cubic feet. Tranco’s 16,400 kilometer pipeline system is capable of carrying 9.9 cubic feet gas every day. WPZ owns interests in 3 big interstate natgas pipelines that together deliver 14% gas to the U.S. The volume of gas and imported liquefied natural gas is transported from the Gulf Coast and Appalachia supply zones to the markets of Northeast, mid- Atlantic, Southeast, as well as to the New York City market place.
June 11 Conference
The Financial Planning & Analysis unit of the North American company’s Vice President, Rick Rodekohr, is to be present at the 2014 Credit Suisse MLP and Energy Logistics Conference, which is scheduled to be held on June 11, at around 9:30 a.m. EDT. He will be revising the members on Williams’ and Williams Partners L.P. businesses. The William Companies, Inc. (NYSE:WMB) holds 66% of WPZ along with the general partner interest, making it one of the biggest expanded energy master limited joint venture.
