The Williams Companies, Inc. (WMB.F)

Williams to build Louisiana natgas project in Haynesville shale basin

U.S. energy company Williams Cos Inc said on Wednesday it had reached a final investment decision (FID) to build its proposed Louisiana Energy Gateway (LEG) project to gather natural gas produced in the Haynesville shale basin. Williams said the project is designed to move 1.8 billion cubic feet per day (bcfd) of gas to several Gulf Coast markets, including its Transco gas pipe from Texas to the U.S. Northeast, industrial consumers and liquefied natural gas (LNG) export plants. Williams said it expects LEG to enter service in late 2024.