EQT Corp. said Thursday that it has signed two major sales agreements covering all the capacity it has booked on the Mountain Valley Pipeline (MVP) system, which it expects to enter service early next year. 

“These are two of the largest long-term physical supply deals ever executed in the North American natural gas market,” CEO Toby Rice told financial analysts during a call to discuss third quarter results. 

Management said EQT restructured a previous 525 MMcf/d capacity release into a new 10-year, 800 MMcf/d firm sales contract beginning in 2027 with an unspecified customer. It also signed another 10-year, 400 MMcf/d firm sales contract with an investment-grade utility that begins in 2027. 

[Mexico Matters: Cross-border energy trade between the U.S. and Mexico reached...