Williams is unlocking new opportunities for innovation and growth
As the U.S. ramps up energy production and delivery, natural gas is fueling the next wave of technology and data centers, unlocking new opportunities for innovation and growth, Williams President and CEO Chad Zamarin said in recent media interviews.
“Natural gas is America’s affordability superpower,” Zamarin told CNBC Money Movers. “When we think about powering our economy, when we think about powering this next generation of technology and artificial intelligence, we have the most affordable energy available. It also is the most dispatchable and fastest speed to market capability that we have at scale. It’s the key to unlocking our nation’s full potential.”
Infrastructure unlocks opportunity
On Fox Business’ The Claman Countdown, Zamarin said the Williams Northeast Supply Enhancement project (NESE) is poised to deliver reliable, affordable natural gas to New York City, helping to displace higher-emission energy sources and lower costs for families and businesses.
Zamarin said more than 60% of U.S. emissions reductions have come from natural gas replacing higher-emission fuels. Yet, New York City residents still pay up to three times the national average for natural gas, and in winter, sometimes 30 times more, while affordable supply is produced just one state away.
Building for the future
Zamarin stressed the urgent need for renewed investment in critical infrastructure to support the nation’s evolving energy demands.
“If you look at our country over the last 25 years, we haven’t grown electricity production virtually at all for 25 years. We have to get back to building infrastructure and energy production at a scale that we haven’t for over two decades,” he said in an interview on Bloomberg TV .
He added, “When we think about how we’re going to grow our economy, how we are going to deliver this next generation technology, we know that natural gas can scale fast. We know that it is our affordability superpower, and we also know that it can meet the customer when and where the needs are.”
Q3 highlights: Growth and innovation
“Williams’ strategy is all about connecting customers to the best markets and building for the future,” Zamarin told Wall Street analysts during a call about third quarter earnings.
He noted these recent achievements:
- Placed Transco’s Texas to Louisiana Energy Pathway and Southeast Energy Connector expansion projects into service
- Accelerated timeline for Transco’s Southeast Supply Enhancement project
- Signed precedent agreement for Transco’s Northeast Supply Enhancement
- Transco and Gulfstream achieved all-time records for summer natural gas volumes
- Placed deepwater Ballymore and Shenandoah expansions in service
- Placed Louisiana Energy Gateway in service and completed Haynesville West expansion
“At Williams, we’re investing in infrastructure that will power America’s future,” Zamarin said. “We’re proud to build the infrastructure that is essential to meeting energy needs in the U.S. and globally.”