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Williams Partners Re-Starts NG Processing Plant

economys_impact_225px-w_bwJune 22, 2009 (FinancialWire) — Williams Partners L.P. (NYSE: WPZ) said that its Ignacio natural gas processing plant had been repaired and returned to service as of June 19 after being shut down due to a pipeline rupture on June 3.

The company said that, consistent with its June 10 guidance, it does not anticipate this incident will affect expected distributions, or have a material impact on its financial position or liquidity.

The Ignacio plant is part of Williams Four Corners, which is owned by Williams Partners. William operates the facility, which is located near Durango, Colorado and has a processing capacity of around 450 million cubic feet per day.

Tulsa, Oklahoma-based Williams Partners owns natural gas gathering, transportation, processing and treating assets serving regions including the Gulf of Mexico, the San Juan Basin in New Mexico and Colorado, and the Washakie Basin in Wyoming.

The partnership also serves the natural gas liquids market through its NGL fractionating and storage assets.

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