VANCOUVER, BC (September 1, 2015) – Steelhead LNG Corp. (Steelhead LNG) today announced a pre-construction agreement with pipeline developer Williams (NYSE: WMB) to commence with the design and regulatory approvals for the Island Gas Connector Project (Project), a proposed natural gas pipeline which will transport natural gas to Vancouver Island, where Steelhead LNG is exploring the development of two liquefied natural gas (LNG) facilities.

With the Malahat Nation, Steelhead LNG is pursuing the development of the proposed Malahat LNG Project, a floating natural gas liquefaction and export facility located on the shoreline of Malahat Nation-owned land approximately 5 miles (8 kilometers) south of Mill Bay, BC, on the east coast of Vancouver Island. On the west coast of Vancouver Island, Steelhead LNG is exploring the development of a proposed LNG facility with the Huu-ay-aht First Nations at Sarita Bay, BC, 46.5 miles (75 kilometers) southwest of Port Alberni.

The Project would be an independent pipeline that would transport natural gas 33 miles (52.8 kilometers) from Williams’ Northwest Pipeline’s interconnect with Spectra Energy’s BC Pipeline system at Sumas, Washington to Cherry Point, Washington. From there, it would travel 47 miles (75.2 kilometers) subsea, landing directly at the proposed Malahat LNG Project. While, the first phase of the Project would be constructed to supply the Malahat LNG facility, the Project would be designed to meet the potential capacity requirements of both proposed LNG facilities, thus offering potential shared infrastructure benefits. Delivering supply to the proposed LNG Project at Sarita Bay would require an additional independent pipeline from the east coast of Vancouver Island to Sarita Bay, designed, owned and operated by a separate Canadian entity and subject to its own regulatory approval process.

“Our partnership with one of the world’s leading builders and operators of natural gas pipelines is a significant step forward for both of our proposed projects,” said Nigel Kuzemko, CEO, Steelhead LNG. “Williams shares our commitment to environmental and social responsibility and we look forward to working with them to develop a natural gas pipeline whose design, route, construction and operation meets the needs and standards of potentially affected Aboriginal groups, communities, governments, regulators, our Projects, and partners. Steelhead looks forward to working with potentially affected Aboriginal groups in Canada to explore opportunities for them to share in the economic benefits of the Canadian portion of the Project.”

Williams will design, construct and operate the Project. As an international pipeline, the Project will be subject to the approval of the Federal Energy Regulatory Commission in the United States and the National Energy Board in Canada.

The proposed Project will undergo rigorous regulatory, environmental and technical assessments. As part of the proposed Project, Steelhead LNG and Williams will also undertake an extensive consultation and engagement process with potentially affected Canadian Aboriginal groups, United States Tribes, landowners, local stakeholders and communities.

For more information about the proposed Island Gas Connector Project, please visit www.islandgasconnector.com or contact islandgasconnector@williams.com.

About Steelhead
Steelhead LNG is a Vancouver-based energy company focused on LNG project development in British Columbia. Our experience includes guiding some of the world’s leading energy companies and projects, with commercial and technical expertise that spans the entire LNG value chain. From project concept to product delivery, we’re committed to responsibly creating and delivering value for the communities, suppliers and customers we serve. Steelhead is currently exploring the development of the proposed Malahat LNG Project, a floating liquefaction and export LNG terminal on Malahat Nation land near Mill Bay, BC and a proposed LNG project with the Huu-ay-aht First Nations at Sarita Bay on the West Coast of Vancouver Island. www.steelheadlng.com

About Williams
Williams (NYSE: WMB) is an energy infrastructure company focused on connecting North America’s significant hydrocarbon resource plays to growing markets for natural gas, natural gas liquids (NGLs) and olefins. Williams’ operations span from the deep water Gulf of Mexico to the Canadian oil sands. Williams owns and operates midstream gathering and processing assets, and interstate natural gas pipelines. In addition, Williams processes oil sands off-gas and produces olefins for petrochemical feedstocks. Through its Northwest system, Williams has safely maintained and operated natural gas pipelines in the Pacific Northwest, Intermountain and Four Corners regions for nearly 60 years. Williams’ headquarters are located in Tulsa, Okla. Other major offices are in Houston, Pittsburgh, Oklahoma City, Salt Lake City and Calgary, Canada. www.williams.com

Contacts:
Greg Descantes
Director, Communications
Steelhead LNG
Office: 604-646-3559
Cell: 604-417-1379
greg.descantes@steelheadlng.com

Michele Swaner
Senior Communications Strategist—West
Williams
Office: 801-584-7048
Cell: 801-580-9590
michele.swaner@williams.com