EQT Corp., which on Thursday reported a larger year/year loss for the third quarter, said that it expects a pair of 2021 deals to lower its firm gas transportation costs by about 5 cents/Mcfe going forward.

EQT acreage

In one deal, EQT reached an agreement to sell down up to 525 million Dth/d firm transportation capacity on its Mountain Valley Pipeline to an undisclosed entity, while retaining Southeast market access. 

The second transaction would allow EQT to increase gas deliveries to Rockies and Midwest markets via a new firm capacity deal on the Rockies Express Pipeline (REX). 

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EQT, which now boasts 930 million Dth/d of...