The capital cost of the Wyoming Interstate Company (WIC) expansion is estimated at $55 million. WIC has executed long-term firm transportation contracts with four shippers for a total of up to 255 thousand dekatherms per day.
The expansion also supports shippers’ transportation needs upstream of El Paso’s Ruby Pipeline that will extend from Opal westward and is planned to be in service by March 2011.
This latest expansion is expected to generate approximately $4 million of incremental distributable cash flow in 2011, increasing to approximately $8 million in 2015 pursuant to long-term firm transportation contracts.
Jim Yardley, president and CEO for the general partner of El Paso Pipeline Partners, said: This expansion will provide needed capacity and infrastructure to enhance the WIC system and make additional Rockies production available for transport to consuming regions.
