EXHIBIT 99.1


[WILLIAMS LOGO]

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   NOVEMBER 18, 2002

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           WILLIAMS ENERGY PARTNERS GIVES MORE CONTROL TO

                                  UNITHOLDERS

TULSA, OKLA. -- Williams Energy Partners L.P. (NYSE:WEG) announced today that it
has made amendments to its partnership agreement to give greater control to
unitholders.

These changes, made in conjunction with the partnership's recently announced
long-term debt financing, include the reduction in voting rights of the
partnership's class B and subordinated units - all of which are owned by
Williams (NYSE: WMB), the owner of the partnership's general partner.
Unitholders also will be allowed to elect the board of directors of the general
partner.

"Although our previous governance structure was consistent with industry norms
and was working well, these changes are responsive to the uneasiness expressed
by some in the investment community surrounding the control of publicly traded
partnerships by the owners of the general partner," said Don Wellendorf, chief
executive officer.

In conjunction with these changes, the partnership will begin conducting annual
unitholder meetings, at which time an annual slate of board members will be
approved. The 2003 meeting will be announced in the coming months.

The reduction in Williams' voting rights will be accomplished by removing the
voting rights of the class B units and reducing the voting rights of the
subordinated units to one-half vote for each unit owned.

In addition to these changes, Williams has established a new wholly owned
subsidiary, WEG GP, LLC, that will serve as the partnership's general partner.
The general partner interest and incentive distribution rights have transferred
to the new general partner.

The board of the previous general partner will initially serve as the board of
WEG GP, LLC. However, the partnership's board will be reconfigured so that it is
comprised of a majority of independent directors prior to the first annual
meeting of unitholders to elect board members.

ABOUT WILLIAMS ENERGY PARTNERS L.P.

Williams Energy Partners L.P. was formed to own, operate and acquire a
diversified portfolio of energy assets. The partnership primarily transports,
stores and distributes refined petroleum




products and ammonia. The general partner of WEG is a subsidiary of Williams,
which moves, manages and markets a variety of energy products, including natural
gas, liquid hydrocarbons, petroleum and electricity.

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Portions of this document may constitute "forward-looking statements" as defined
by federal law. Such statements are subject to certain risks, uncertainties and
assumptions. Should one or more of these risks or uncertainties materialize, or
should underlying assumptions prove incorrect, actual results may vary
materially from those anticipated, estimated or projected. Examples of such
uncertainties and risk factors include, but are not limited to, changes in the
price for crude oil, changes in demand for refined petroleum products, adverse
developments affecting our ammonia pipeline customers, changes in federal
government policies affecting farm subsidies, changes to cost estimates relating
to specific acquisitions, changes in economic and industry conditions and
changes in regulatory requirements (including changes in environmental
requirements). These and other factors are set forth in the Partnership's
filings with the Securities and Exchange Commission.

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CONTACT INFORMATION:

Paula Farrell     Williams Energy Partners Investor Relations 918-573-9233
                  paula.farrell@williams.com


Susie Hereden     Williams Energy Partners Media Relations    918-573-2278
                  susie.hereden@williams.com