Recent construction setbacks will see Mountain Valley Pipeline LLC’s (MVP) long-delayed completion slip further, now into the second quarter.

Still, the finish line is in sight for backer Equitrans Midstream Corp. (ETRN), and the company is also eyeing longer-term growth facilitated by the eventual start-up of the embattled Appalachia-to-Southeast natural gas conduit.

Last summer, Congress rescued MVP from regulatory and legal limbo with the passage of the Fiscal Responsibility Act of 2023. Since then, crews have made “substantial construction progress,” and the “major tasks to complete the pipeline continue to narrow,” Equitrans CEO Diana Charletta said during a conference call to discuss the 4Q2023 results.

[Download Now: In our 2024 Natural Gas Outlook Report...