Williams on Aug. 8 entered an agreement with to support the marketing and delivery of certified, low emissions next gen natural gas from PennEnergy Resources LLC, according to a press release.
Per the agreement, Williams will build a marketing portfolio to sell the natural gas to utilities, LNG export facilities and other facilities interested in clean energy.
Additionally, the agreement includes a certification process that verifies best practices are being followed to minimize emissions and produce natural gas in an environmentally responsible manner through an independent third party.
The partnership with PennEnergy is a continuation of Williams' strategy to gather, market and transport low-carbon natural gas to the end user from the wellhead.
“We are excited for this partnership and future opportunities to deliver responsibly sourced natural gas to meet the market’s growing demands,” PennEnergy Resources chairman and CEO Rich Weber said in the release.
“PennEnergy welcomes higher standards in the marketplace, which play to our strengths, highlighting our dedication and investments made over many years to ensure the safety of our employees, the community and the environment.”
The natural gas is sourced from PennEnergy’s 378 production wells in southwest Pennsylvania that have achieved Platinum status from Project Canary’s TrustWell certification.
Williams is developing clean hydrogen, carbon capture and storage, 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.
Prior to entering this agreement, Williams also recently formed a partnership with Context Labs, a decarbonization technology provider, to gather, market and transport responsibly sourced gas.
“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 at Williams, said in the release.
“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.”
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