Williams suspends US NGL pipeline investment
Gas infrastructure company Williams has suspended capital investments in the Bluegrass Pipeline, a proposed natural gas liquids (NGL) project in the US, primarily in response to an insufficient level of firm customer commitments.
The project, in which Williams is a joint-venture partner, is designed to connect natural gas liquids produced in the Marcellus and Utica shale plays in the US Northeast with domestic and export markets along the US Gulf Coast.
The company continues to engage in discussions with potential customers regarding the scale and timing of demand for services, and the required firm contractual commitments that would support any future capital investments.
The Bluegrass Pipeline represents a long-term NGL supply solution to the marketplace.
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