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Submission: On July 31 via api from CH — Scanned from DE
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<span id="_ctrl0_ctl69_lblModuleDetailHeadline">Williams Reaches Final Investment Decision on Louisiana Energy Gateway Project</span>
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<span id="_ctrl0_ctl69_lblDate" class="module_date-text">06/29/2022</span>
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<i>Louisiana Energy Gateway will facilitate delivery of natural gas to Gulf Coast customers including LNG terminals</i>
</li>
<li>
<i>Low carbon infrastructure will expand Williams’ existing gathering and processing footprint, supporting demand driven volume growth</i>
</li>
<li>
<i>Project creates additional investment opportunities for carbon capture and storage as well as follow on projects for increased LNG market access</i>
</li>
</ul>
</div>
<p><span class="bw-dateline-wrapper">TULSA, Okla.--(BUSINESS WIRE)-- </span> Williams (NYSE: WMB) today announced that it has reached a final investment decision on its clean energy project, the Louisiana Energy Gateway
(LEG), which will gather 1.8 Bcf/d of natural gas produced in the Haynesville basin for delivery to premium markets, including Transco, industrial markets and growing LNG export demand along the Gulf Coast. Williams
intends to create opportunities to pursue additional market access projects as well as develop carbon capture and storage infrastructure that will further decarbonize the natural gas value chain. The project is expected
to go into service in late 2024. </p>
<p> “The Louisiana Energy Gateway is a key component of our low carbon, wellhead to water strategy, proving up what an important role natural gas can play in reducing emissions, lowering costs and providing secure and
reliable energy at home and around the world,” said Alan Armstrong, president and CEO of Williams. “By leveraging our scale, value chain integration and unique capabilities, we are unlocking capacity for Haynesville
production growth and facilitating the delivery of next gen gas to meet the climate goals and the energy needs of our customers and our country.” </p>
<p> This announcement further supports Williams’ recently announced partnerships with Context Labs, Encino Environmental and Satlantis, whose technology solutions will be integrated into the project and will enable the
measurement of end-to-end, verifiable and transparent emissions data to demonstrate the low carbon benefits of produced and delivered Haynesville natural gas. </p>
<p> “Williams is committed to incorporating emerging technologies to deliver the next generation of natural gas. With LEG, we are pleased to be able to offer an infrastructure solution that integrates real time emissions
monitoring and emissions reduction strategies. LEG is also ideally positioned to incorporate carbon capture and storage as a further decarbonizing solution for natural gas production in the rapidly growing Haynesville
basin,” said Chad Zamarin, senior vice president, Corporate Strategic Development for Williams. </p>
<p> Earlier this year, Williams signed a Memorandum of Understanding with Quantum Energy Partners to form a joint venture that will enable Quantum to become an equity investor and partner in the project. The partnership
brings together Williams’ expertise as a leading developer and operator of clean energy infrastructure with Quantum’s abilities as a leading global provider of private capital to the responsibly sourced energy and energy
transition & decarbonization sectors. </p>
<p>
<b>About Williams</b>
</p>
<p> As the world demands reliable, low-cost, low-carbon energy, Williams (NYSE: WMB) will be there with the best transport, storage and delivery solutions to reliably fuel the clean energy economy. Headquartered in Tulsa,
Oklahoma, Williams is an industry-leading, investment grade C-Corp with operations across the natural gas value chain including gathering, processing, interstate transportation, storage, wholesale marketing and trading
of natural gas and natural gas liquids. With major positions in top U.S. supply basins, Williams connects the best supplies with the growing demand for clean energy. Williams owns and operates more than 30,000 miles of
pipelines system wide – including Transco, the nation’s largest volume and fastest growing pipeline – and handles approximately 30 percent of the natural gas in the United States that is used every day for clean-power
generation, heating and industrial use. Learn how the company is leveraging its nationwide footprint to incorporate clean hydrogen, next generation gas and other innovations at
<a href="https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.williams.com&esheet=52765250&newsitemid=20220629005249&lan=en-US&anchor=www.williams.com&index=1&md5=36a0fdd71b3de9d74c3337fd77dc8906" rel="nofollow" shape="rect">www.williams.com</a>.
</p>
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<p>
<b>MEDIA:
</b>
<br>
<a href="mailto:media@williams.com" rel="nofollow" shape="rect">media@williams.com
</a>
<br>800-945-8723
</p>
<p>
<b>INVESTOR CONTACT:
</b>
<br>Danilo Juvane <br>918-573-5075
</p>
<p> Grace Scott <br>918-573-1092 </p>
</div> <span class="bw-source-text-wrapper">Source: Williams</span>
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* SUSTAINABILITY * CONTACT Back to Corporate Site Skip to main content * Press Releases * Williams Press Releases * News & Media * Events & Presentations * Financials * Quarterly Earnings and Annual Reports * SEC Filings * Stock Information * Stock Split Info * Analyst Coverage * Dividend history * Return of Capital Distribution * Cost Basis Calculator * Governance * Investor Resources * FAQs * Investor Fact Sheet * Email Alerts * Investor Contacts PRESS RELEASE DETAILS * BackPress Releases * Williams Press Releases * News & Media * Events & Presentations * BackFinancials * Quarterly Earnings and Annual Reports * SEC Filings * BackStock Information * Stock Split Info * Analyst Coverage * Dividend history * Return of Capital Distribution * Cost Basis Calculator * Governance * BackInvestor Resources * FAQs * Investor Fact Sheet * Email Alerts * Investor Contacts Home / Press Releases / Press Release Details View all news WILLIAMS REACHES FINAL INVESTMENT DECISION ON LOUISIANA ENERGY GATEWAY PROJECT 06/29/2022 Download this Press Release PDF Format (opens in new window) * Louisiana Energy Gateway will facilitate delivery of natural gas to Gulf Coast customers including LNG terminals * Low carbon infrastructure will expand Williams’ existing gathering and processing footprint, supporting demand driven volume growth * Project creates additional investment opportunities for carbon capture and storage as well as follow on projects for increased LNG market access TULSA, Okla.--(BUSINESS WIRE)-- Williams (NYSE: WMB) today announced that it has reached a final investment decision on its clean energy project, the Louisiana Energy Gateway (LEG), which will gather 1.8 Bcf/d of natural gas produced in the Haynesville basin for delivery to premium markets, including Transco, industrial markets and growing LNG export demand along the Gulf Coast. Williams intends to create opportunities to pursue additional market access projects as well as develop carbon capture and storage infrastructure that will further decarbonize the natural gas value chain. The project is expected to go into service in late 2024. “The Louisiana Energy Gateway is a key component of our low carbon, wellhead to water strategy, proving up what an important role natural gas can play in reducing emissions, lowering costs and providing secure and reliable energy at home and around the world,” said Alan Armstrong, president and CEO of Williams. “By leveraging our scale, value chain integration and unique capabilities, we are unlocking capacity for Haynesville production growth and facilitating the delivery of next gen gas to meet the climate goals and the energy needs of our customers and our country.” This announcement further supports Williams’ recently announced partnerships with Context Labs, Encino Environmental and Satlantis, whose technology solutions will be integrated into the project and will enable the measurement of end-to-end, verifiable and transparent emissions data to demonstrate the low carbon benefits of produced and delivered Haynesville natural gas. “Williams is committed to incorporating emerging technologies to deliver the next generation of natural gas. With LEG, we are pleased to be able to offer an infrastructure solution that integrates real time emissions monitoring and emissions reduction strategies. LEG is also ideally positioned to incorporate carbon capture and storage as a further decarbonizing solution for natural gas production in the rapidly growing Haynesville basin,” said Chad Zamarin, senior vice president, Corporate Strategic Development for Williams. Earlier this year, Williams signed a Memorandum of Understanding with Quantum Energy Partners to form a joint venture that will enable Quantum to become an equity investor and partner in the project. The partnership brings together Williams’ expertise as a leading developer and operator of clean energy infrastructure with Quantum’s abilities as a leading global provider of private capital to the responsibly sourced energy and energy transition & decarbonization sectors. About Williams As the world demands reliable, low-cost, low-carbon energy, Williams (NYSE: WMB) will be there with the best transport, storage and delivery solutions to reliably fuel the clean energy economy. Headquartered in Tulsa, Oklahoma, Williams is an industry-leading, investment grade C-Corp with operations across the natural gas value chain including gathering, processing, interstate transportation, storage, wholesale marketing and trading of natural gas and natural gas liquids. With major positions in top U.S. supply basins, Williams connects the best supplies with the growing demand for clean energy. Williams owns and operates more than 30,000 miles of pipelines system wide – including Transco, the nation’s largest volume and fastest growing pipeline – and handles approximately 30 percent of the natural gas in the United States that is used every day for clean-power generation, heating and industrial use. Learn how the company is leveraging its nationwide footprint to incorporate clean hydrogen, next generation gas and other innovations at www.williams.com. MEDIA: media@williams.com 800-945-8723 INVESTOR CONTACT: Danilo Juvane 918-573-5075 Grace Scott 918-573-1092 Source: Williams View all news IR CONTACT Phone: 800-600-3782 Email: InvestorRelations@williams.com QUICK LINKS * Home * Site Map * Sustainability EMAIL ALERTS To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. After submitting your request, you will receive an activation email to the requested email address. You must click the activation link in order to complete your subscription. You can sign up for additional alert options at any time. At The Williams Companies, we promise to treat your data with respect and will not share your information with any third party. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. If you experience any issues with this process, please contact us for further assistance. By providing your email address below, you are providing consent to The Williams Companies to send you the requested Investor Email Alert updates. * Required Email Address * Mailing Lists * Press Releases Events & Presentations SEC Filings EOD Stock Quote Enter the code shown above. * Submit Sign up Unsubscribe EMAIL ALERT SIGN UP CONFIRMATION emergency contact Call immediately if you strike one of our pipelines or see someone working near them. * Sitemap * Pipe Up Blog * * * * * * Privacy Policy * Vendor Terms & Conditions * © 2022 Williams Powered By Q4 Inc. 5.74.0.1 (opens in new window)