Court lifts stay for Williams Atlantic Sunrise natgas pipe

November 8, 2017

A U.S. federal appeals court on Wednesday lifted a temporary stay of construction on Williams Cos Inc's nearly $3 billion Atlantic Sunrise natural gas pipeline from Pennsylvania to South Carolina.

Some energy traders had worried the stay could have caused a delay in the pipeline's in service date, which would keep gas trapped in the Marcellus shale.

Williams has said it expects to complete the pipeline in mid-2018. Atlantic Sunrise will transport up to 1.7 billion cubic feet of gas from the Marcellus shale in Pennsylvania to markets in the U.S. Mid Atlantic and Southeast.

One bcfd is enough gas for about 5 million U.S. homes.

Read more on Reuters...

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