UPDATE 1-Williams says natgas leak in Miss. storage cavern

* Williams operates 7 storage caverns in area

* Williams reducing pressure in cavern
(Adds quotes, details, background)

NEW YORK, Dec 28 (BestGrowthStock) – Williams Cos (WMB.N: ) said
Tuesday a gas leak in a natural gas storage cavern in Eminence,
Mississippi, forced the evacuation of some local residents but
did not disrupt gas supplies to customers on its huge Transco
pipeline.

“We have gas leaking from one of the caverns in our
Eminence storage facility. As a safety precaution, we have
evacuated neighbors who live near the facility,” company
spokesman Chris Stockton told Reuters, noting the leak was
coming from one of seven storage caverns in the area.

The company said in a statement the leak was discovered
Monday evening when a pressure drop was noticed in one of the
caverns. The cause was not known.

“We’re trying to reduce pressure in the cavern so we can
get in there and get a closer inspection of the well and do the
repairs,” Stockton said, adding there was no impact to
customers.

The company said it was not sure how long it would take
before residents would be allowed to return to their homes.

Williams, based in Tulsa, Oklahoma, is a natural gas
producer and pipeline company.

The 10,000-mile Transco gas pipeline system has the
capacity to deliver nearly 9 billion cubic feet of gas per day
from the Gulf Coast to markets in the Southeast, Mid-Atlantic
and Northeast.
(Reporting by Joe Silha; Editing by Walter Bagley)

UPDATE 1-Williams says natgas leak in Miss. storage cavern