TRANSCOTransmission Company
TRANSCOTranscontinental Gas Pipe Line Corporation
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A spokesman for National Grid Transco said: ``The company is looking at the whole of its property portfolio and issues like the cost effectiveness of having a number of offices in a town.
"The commission will not tolerate this kind of anti-competitive behavior." Transco's parent, the Williams Companies, was also a party to the settlement.
British Gas, part of the Centrica group which split from the Transco business in 1997, has 13m gas and 6m electricity customers.
A nearby pub was evacuated while Transco worked to make the area safe.
Wadlington had been with Williams in a number of capacities before taking on the challenge of turning Transco around and building it back up.
If ERC will not reconsider, we will appeal it all the way to the Supreme Court,' said Transco President Melvin Matibag in a text message.
Transco delivered a record-breaking 15.68 million dekatherms on Jan.
In a filing with the Energy Regulatory Commission (ERC), Transco is asking the power regulator to approve its proposed feed-in tariff allowance (FIT-All) rate for 2019 amounting to 27.80 centavos per kilowatt-hour (kwh).
In December last year, TransCo inked a deal with the Land Registration Authority (LRA) for the titling of its properties; primarily those straddling right-of-way domains.
The agreement unlocks 6,154 kilometers of 'dark' or spare fiber lines from Luzon to Mindanao, the commercial use of which was the subject of a long-running dispute between Transco and NGCP.
(WPZ; BBB-/Positive) owns 100% of Transco. Transco's rating is subject to a one-notch cap above WPZ's rating.
Transco, the nation's largest-volume and fastest-growing interstate natural gas pipeline system, is a wholly owned subsidiary of Williams Partners L.P., of which Williams owns 60%, including the general partner interest.