Williams, PennEnergy Ink Deal to Market Certified Low-Emission Natural Gas
Williams and PennEnergy Resources LLC have entered into an agreement to support the marketing and delivery of certified, low emissions next gen natural gas, the companies announced on Monday.
The agreement includes an independent, third-party certification process that verifies best practices are being followed to minimize emissions and produce natural gas in the most environmentally responsible manner. Through its Sequent business, Williams is building a marketing portfolio to sell low-carbon next gen gas to utilities, LNG export facilities and other clean energy users.
“This is another exciting step in our multi-faceted strategy to grow the delivery of next gen gas to markets across the United States as well as overseas,” Chad Zamarin, senior vice president of corporate strategic development for Williams, said. “With our large-scale gathering and processing footprint in the best U.S. production basins, our connectivity to the nation’s biggest natural gas customers and our industry-leading Sequent marketing platform, we are extremely well positioned to facilitate the efficient gathering, marketing and transportation of responsibly sourced natural gas.”
The agreement with PennEnergy builds on Williams’ strategy to gather, market and transport low-carbon natural gas from well-head to end-user. Williams recently entered a partnership with decarbonization technology provider Context Labs, as well as a collaboration with Cheniere Energy, Inc., the largest U.S. producer of LNG to implement quantification, monitoring, reporting and verification of greenhouse gas emissions at natural gas gathering, processing, transmission, and storage systems. In addition to pursuing next gen natural gas solutions, Williams is developing clean hydrogen, CCUS, solar and renewable natural gas projects as part of its focus on commercializing innovative technologies, markets and business models that support a clean energy economy.
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