|Exchange:||New York Stock Exchange|
|Stock:||Williams Partners LP|
|Industry:||Oil & Gas Midstream|
|Williams Partners LP is publicly traded Delaware limited partnership formed by The Williams Companies, Inc. (Williams) in 2005. The Company was formed to own, operate and acquire a diversified portfolio of complementary energy assets. The Company is engaged in natural gas transportation; gathering, treating, and processing; storage; NGL fractionation; and oil transportation. Williams owns an approximate 70 percent limited partnership interest in the company and all of its 2 percent general partner interest. Operations of the Company’s businesses are located in the United States. It manages its business and analyzes its results of operations on a segment basis. Its operations are divided into two business segments: Gas Pipeline — this segment includes its interstate natural gas pipelines and pipeline joint venture investments; Midstream Gas & Liquids- this segment includes its natural gas gathering, treating and processing business and is comprised of several wholly owned and partially owned subsidiaries. The Company owns and operates a combined total of approximately 13,700 miles of pipelines with a total annual throughput of approximately 3,000 TBtu of natural gas and peak-day delivery capacity of approximately 13 MMdth of natural gas. Gas Pipeline consists primarily of Transcontinental Gas Pipe Line Company, LLC (Transco) and Northwest Pipeline GP (Northwest Pipeline). Its Midstream Gas & Liquids segment (Midstream), one of the nation’s largest natural gas gatherers and processors, has primary service areas concentrated in major producing basins in Colorado, New Mexico, Wyoming, the Gulf of Mexico and Pennsylvania. The main businesses are natural gas gathering, treating, and processing; NGL fractionation, storage and transportation; and oil transportation. These fall within the middle of the process of taking raw natural gas and crude oil from the producing fields to the consumer. The Company’s operations are subject to federal environmental laws and regulations as well as the state, local and tribal laws and regulations adopted by the jurisdictions in which it operates.|
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