Williams said that subsidiary Transcontinental Gas Pipe Line reduced the cost of its Leidy, PA-to-Long Island, NY expansion project by about $47 million through a reverse open season and based on market interest in the project. The expansion is designed to add 100,000 Dth/d in firm transportation volumes to its pipeline in November 2007. Transco has been able to reduce the estimated capital cost of the project to $103 million from about $150 million.

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