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

Posted on: Wednesday, 6 May 2009, 12:28 CDT

TULSA, Okla., May 6 /PRNewswire-FirstCall/ -- Pacific Connector Gas Pipeline, LP and Jordan Cove Energy Project, LP have received notification that the Final Environmental Impact Statement (FEIS) has been issued by the Federal Energy Regulatory Commission (FERC) for the Jordan Cove - Pacific Connector Project.

The FEIS includes a response to the comments received during the public comment period and analyzes the potential environmental impact of the project as well as the mitigation efforts required to offset any impacts. The FEIS for Jordan Cove - Pacific Connector is available online at www.ferc.gov.

The next step in the process will be for the FERC to issue a Certificate of Public Convenience and Necessity, which is expected later this summer. Pacific Connector and Jordan Cove originally filed their project applications with the FERC on Sept. 4, 2007.

Additionally, on April 24, 2009, the U.S. Coast Guard issued a Letter of Recommendation to the FERC affirming the suitability of the Coos Bay navigation channel to handle liquefied natural gas (LNG) vessels destined for the Jordan Cove LNG terminal.

The proposed Jordan Cove Energy Project is a state-of-the-art 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 then warming the LNG to a natural gas vapor to allow its delivery through interconnecting pipelines to the Pacific Northwest and adjacent markets.

The Pacific Connector Project is a proposed 234-mile, 36-inch diameter pipeline designed to transport up to 1 billion cubic feet of natural gas per day from the proposed 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/.

Corporate Profiles:

About Williams (NYSE: WMB)

Williams, through its subsidiaries, finds, produces, gathers, processes and transports natural gas. Williams' operations are concentrated in the Pacific Northwest, Rocky Mountains, Gulf Coast, and the 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 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, which 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 four gas-fired cogeneration power facilities in California, Colorado and Ontario, and two district energy systems located in Charlottetown, Prince Edward Island and London, Ontario. For more information, please visit 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 415-973-4332 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


Source: PR Newswire

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