Pacific Connector Gas Pipeline, LP and Jordan Cove Energy Project, LP Receive Draft Environmental Impact Statement From the FERC

Partners Will Host Public Meetings in September about the Proposed Project

 
[05-September-2008]
 

TULSA, Okla., Sept. 5 /PRNewswire-FirstCall/ -- Pacific Connector Gas Pipeline, LP and Jordan Cove Energy Project, LP announced today they have received notification that the Draft Environmental Impact Statement (DEIS) has been issued by the Federal Energy Regulatory Commission (FERC) for their projects.

Pacific Connector and Jordan Cove will host a series of public meetings along the proposed pipeline route in Oregon during the week of Sept. 22. These meetings will update the public on the projects and inform them how to participate in the DEIS process.

"We're pleased to have reached this milestone," said Phil Wright, president of Williams' gas pipeline business. Williams is the designated operator of the proposed pipeline. "We have worked closely with federal, state and local agencies to ensure we protect wildlife, vegetation and water crossings during construction of the projects.

"Demand for natural gas supply is growing, and these projects will help meet the demand in the Pacific Northwest, northern California and northern Nevada," Wright said.

A DEIS is intended to inform the public and government agencies about the potential environmental impacts of proposed projects. The DEIS is a requirement under the National Environmental Policy Act and is available online at http://www.ferc.gov. The DEIS will be subject to further review and public comment before the FERC issues a final Environmental Impact Statement. The public may provide comments to the FERC about the projects until Dec. 4, 2008. Pacific Connector and Jordan Cove originally filed their project applications with the FERC on September 4, 2007.

On June 12, 2008, the FERC published "The Notice of Schedule for Environmental Review" for both projects. The FERC schedule states that a final Environmental Impact Statement is slated to be issued in February 2009. The schedule also anticipates the FERC will make a final decision on the Pacific Connector/Jordan Cove project by May 2009.

The proposed Jordan Cove Energy Project is a state-of-the-art liquefied natural gas (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; storing the natural gas in liquid form; and re-delivering those natural gas supplies through interconnecting pipelines to the Pacific Northwest and adjacent markets.

The Pacific Connector project is a 230-mile, 36-inch diameter pipeline designed to transport up to 1 billion cubic feet of natural gas per day from the Jordan Cove LNG terminal to markets in the region.

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, primarily finds, produces, gathers, processes and transports natural gas. The company also manages a wholesale power business. Williams' operations are concentrated in the Pacific Northwest, Rocky Mountains, Gulf Coast, southern California and 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 electric utilities in the country. Pacific Gas and Electric Company serves approximately 15 million customers throughout northern and central California. For more information, visit http://www.pgecorp.com.

About Fort Chicago Energy Partners L.P.

Based in Calgary, Alberta, and together with its affiliates, Fort Chicago presently owns: (i) a 50.0% interest in the Alliance Pipeline, a 3,000 kilometer mainline natural gas pipeline, which extends from northeastern British Columbia to delivery points near Chicago, Illinois; (ii) an approximate 42.7% interest in Aux Sable and Alliance Canada Marketing. Aux Sable operates natural gas liquids extraction, fractionation and delivery facilities near Chicago; (iii) a 100% interest in the Alberta Ethane Gathering System, a 1,324 kilometer ethane pipeline system, which delivers ethane feedstock to Alberta's petro-chemical industry; and (iv) a 100% interest in two gas-fired cogeneration power facilities in California, a district energy system located in Charlottetown, Prince Edward Island and a district energy system located in London Ontario. http://www.fortchicago.com.

     Contact:
     Michele Swaner
     Williams (media relations)
     801-584-7048

     Sharna Reingold
     Williams (investor relations)
     918-573- 2078

     Jane Oliveira
     PG&E Corporation
     415-267-7104

     Joe B'Oris
     Jordan Cove Energy (LNG terminal information - supply)
     281-259-5414

     Robert Braddock
     Jordan Cove Energy (LNG terminal information)
     541-266-7510

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.

SOURCE Williams


Company Codes: NYSE:WMB, NYSE:PCG

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