Pacific Connector Gas Pipeline, LP and Jordan Cove Energy Project, LP Receive FERC Approval for Gas Pipeline and LNG Project
Tulsa, OK, December 18, 2009 - Pacific Connector Gas Pipeline, LP announced that the Federal Energy Regulatory Commission (FERC) has issued a certificate order approving an application to construct and operate the Pacific Connector Gas Pipeline, a 234-mile, 36-inch diameter natural gas pipeline. The FERC has also authorized the Jordan Cove Energy Project, LP to site, construct and operate the Jordan Cove Energy LNG terminal. Combined, the proposed Jordan Cove - Pacific Connector project is designed to import and transport up to 1 billion cubic feet of natural gas per day from the liquefied natural gas (LNG) terminal in Coos Bay to Malin, Ore. The project will provide an additional source of natural gas supply to markets in the Pacific Northwest, northern California and northern Nevada.
"We appreciate the efforts of the FERC and other federal, state and local agencies in reviewing the application for the project," said Phil Wright, president of Williams' natural gas pipeline business. "We're committed to continuing to work with the FERC, federal, state and county permitting agencies and all of our stakeholders to build the project in a safe and reliable manner."
The order for the Jordan Cove and Pacific Connector projects is available online at www.ferc.gov. Pacific Connector and Jordan Cove originally filed their project applications with the FERC on Sept. 4, 2007. The project received a Final Environmental Impact Statement (FEIS) from the FERC on May 1, 2009.
The proposed Jordan Cove Energy project is a state-of-the-art LNG import terminal to be located in the International Port of Coos Bay in Oregon. When built, the facility will be capable of receiving LNG supplies from specially designed marine vessels and delivering natural gas through interconnecting pipelines to the Pacific Northwest and adjacent markets.
The Pacific Connector project includes interconnects to Williams' majority-owned Northwest Pipeline near Myrtle Creek, Ore., Avista Corporation's distribution system near Shady Cove, Ore., as well as Pacific Gas and Electric Company's gas transmission system, Tuscarora Gas Transmission's system, and Gas Transmission Northwest's system, all located near Malin, Ore.
Important Information:
Jordan Cove Energy Project, LP is a limited partnership between Fort Chicago LNG II U.S. LP, a subsidiary of Fort Chicago Energy Partners LP and Energy Projects Development, LLC.
Pacific Connector Gas Pipeline, LP is a limited partnership between Williams Pacific Connector Gas Pipeline, LLC, PG&E Strategic Capital, Inc. and Fort Chicago LNG II U.S. LP.
Additional information about the projects can be found online at http://www.jordancoveenergy.com/ and http://www.pacificconnectorgp.com/.
About Williams (NYSE:WMB)
Williams, through its subsidiaries, finds, produces, gathers, processes and transports natural gas. Williams' operations are concentrated in the Pacific Northwest, Rocky Mountains, Gulf Coast, and the Eastern Seaboard. More information is available at http://www.williams.com/.
Go to http://www.b2i.us/irpass.asp?BzID=630&to=ea&s=0 to join our e-mail list.
About PG&E Strategic Capital, Inc.
PG&E Strategic Capital, Inc. is a wholly owned subsidiary of PG&E Corporation (NYSE:PCG) , an energy-based holding company. PG&E Corporation is also the parent company of Pacific Gas and Electric Company, one of the largest investor-owned gas and electric utilities in the country. Pacific Gas and Electric Company serves approximately 15 million customers throughout northern and central California. For more information, visit www.pgecorp.com.
About Fort Chicago Energy Partners L.P.
Based in Calgary, Alberta, Fort Chicago is engaged in three principal businesses: a pipeline transportation business comprised of interests in two pipeline systems, the Alliance Pipeline and the Alberta Ethane Gathering System; an NGL extraction business which includes a significant interest in a world-class extraction facility near Chicago; and a power business with power facilities in Ontario, Colorado and California, district energy systems in Ontario and Prince Edward Island, and waste heat power facilities along the Alliance Pipeline. For more information, please visit www.fortchicago.com.
Forward-Looking Statements
Portions of this document may constitute "forward-looking statements" as defined by federal law. Although the company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the "safe harbor" protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in the company's annual reports filed with the Securities and Exchange Commission.
PG&E Strategic Capital Inc. is not the same company as Pacific Gas and Electric Company, the utility. PG&E Strategic Capital, Inc. is not regulated by the California Public Utilities Commission, and you do not have to buy PG&E Strategic Capital, Inc. products in order to continue to receive quality regulated services from the utility.
For More Information Contact
Media Relations:
Michele Swaner, Williams
+1-801-584-7048
www.williams.com
Investor Relations:
Sharna Reingold, Williams
+1-918-573-2078
www.williams.com
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Jonathan Marshall
PG&E Corporation
+1-415-973-7585
Joe B'Oris
Jordan Cove Energy
(LNG terminal information - supply)
+1-281-259-5414
Robert Braddock
Jordan Cove Energy
(LNG terminal information)
+1-541-266-7510
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