Kern River Gas Transmission Company Underway With Natural Gas Pipeline Expansion, in an Advisory by Industrialinfo.com.Business/Energy Editors HOUSTON--(BUSINESS WIRE)--Dec. 7, 2001 The following is an advisory by Industrialinfo.com (Industrial Information Resources (1) The data and information assets of an organization, department or unit. See data administration. (2) Another name for the Information Systems (IS) or Information Technology (IT) department. See IT. , Incorporated; Houston). Kern River Kern River A river rising in the Sierra Nevada of eastern California and flowing about 249 km (155 mi) south and southwest to the southern San Joaquin Valley. Gas Transmission Company (KRGT) is currently constructing its 2002 natural gas pipeline expansion project. Construction began in the third quarter of 2001 and is slated for completion in May 2002. The project entails the construction of the two new compressor stations Veyo and Elberta, both in Utah and the replacement of the Dagget station in California, which was a temporary compression facility. KRGT restaged and upgraded three further compressor stations along its pipeline route, which extends from Wyoming to Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . The compression expansion will increase total transmission capacity by 18 percent or 124 million cubic feet per day at an over all capital cost of $81 million. The majority of KRGT's 2002 expansion project will be used to fuel gas-fired power generation in the Southern California area and will lay the groundwork for the 2003 expansion project, which is likely to exceed $1 billion. KRGT is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Williams Companies Incorporated (NYSE NYSE See: New York Stock Exchange :WMB WMB Waste Management Board WMB Write Me Back WMB Wheaton Municipal Band (Wheaton, IL) WMB Waukegan Municipal Band (Waukegan, IL) WMB Websphere Message Broker ) (Tulsa, Okla.). Williams Companies as of the second quarter of 2001 had assets of over $36 billion, 12,500 employees and supplied over 16 percent of the natural gas consumed in the U.S. during 2000. Industrialinfo.com provides daily news related to the industrial market place including industry alerts and databases for the energy and industrial markets. For more information on trends and upcoming construction activities for the Oil & Gas Transmission markets as well as other industrial sectors send inquiries to oilandgastransmissiongroup@industrialinfo.com or visit us at www.industrialinfo.com or www.iirenergy.com. |
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