Mountain Valley Pipeline

When MVP Spigot Opens, Natural Gas Flows to Begin as Trickle, Putting Focus on SE Price Spreads

When MVP Spigot Opens, Natural Gas Flows to Begin as Trickle, Putting Focus on SE Price Spreads

When the long-delayed Mountain Valley Pipeline LLC (MVP) starts up in the coming weeks, the natural gas flowing south into downstream markets is not expected to be anywhere near the pipeline’s full 2 Bcf/d capacity. That’s because past the southern terminus of the 303-mile pipeline, the Transcontinental Gas Pipe Line Co. (Transco) system faces bottlenecks…

May 17, 2024
MVP Responds to ‘Misinformation’ Around Failed Pipeline Hydrostatic Test

MVP Responds to ‘Misinformation’ Around Failed Pipeline Hydrostatic Test

Pushing back against concerns raised by project opponents, Mountain Valley Pipeline LLC (MVP) said its handling of a recent failed pressure test demonstrates that safety protocols are working as intended. In a letter filed with FERC late last week, Todd L. Normane, senior vice president for MVP backer Equitrans Midstream Corp. and legal counsel for…

May 15, 2024
MVP Mainline Releases Water During Testing as In-Service Target Nears

MVP Mainline Releases Water During Testing as In-Service Target Nears

As Mountain Valley Pipeline LLC (MVP) seeks to conclude a protracted construction phase and enter service this month, the developer recently experienced a setback in Virginia when a section of pipe ruptured during hydrostatic testing. The incident, which occurred last Wednesday on the MVP mainline in Roanoke County, VA, saw water escape through the rupture;…

May 7, 2024
Could Summer Demand, Lower Production Curb East Region Natural Gas Inventory Surpluses?

Could Summer Demand, Lower Production Curb East Region Natural Gas Inventory Surpluses?

Supplies of natural gas in storage are stout everywhere, but East region inventories are closer to historical norms than any other section of the Lower 48. Should the densely populated Northeast sizzle amid scorching temperatures as forecast this summer, utilities in the heavy-gas consuming corner of the country could burn through more gas in the…

April 29, 2024
Natural Gas Forwards Slide Overall as West Texas Outlook Brightens for Bulls

Natural Gas Forwards Slide Overall as West Texas Outlook Brightens for Bulls

With excess storage inventories continuing to hang over the market through the shoulder season, natural gas forwards declined notably at the front of the curve for most regions during the April 18-24 trading period, data from NGI’s Forward Look show. May fixed prices at benchmark Henry Hub exited the period at $1.653/MMBtu, down 6.1 cents…

April 25, 2024
EQT Plans MVP Expansion to Serve Data Center Boom in Southeast

EQT Plans MVP Expansion to Serve Data Center Boom in Southeast

EQT Corp. said it would continue cutting 1 Bcf/d of production as U.S. natural gas prices remain near four-year lows, but management anticipates strong power generation demand in the coming years that has it planning an expansion of the Mountain Valley Pipeline (MVP). After a seven-year battle and a congressional mandate rescued the system from…

April 24, 2024
Mountain Valley Pipeline Submits In-Service Request as Project ‘Nearing Completion’

Mountain Valley Pipeline Submits In-Service Request as Project ‘Nearing Completion’

Nearly seven years after receiving federal certification to build its 303-mile, 2 million Dth/d natural gas conduit, Mountain Valley Pipeline LLC (MVP) has requested FERC authorization to place the project into service. MVP in a written request filed by its legal counsel Monday asked the Federal Energy Regulatory Commission to approve its in-service request by…

April 23, 2024
MVP Start Date Slips, but Finish Line in Sight as Equitrans Eyes Strong Southeast Natural Gas Demand

MVP Start Date Slips, but Finish Line in Sight as Equitrans Eyes Strong Southeast Natural Gas Demand

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…

February 21, 2024
MVP Gauges Support for Southgate Natural Gas Extension as Mainline Shows Heartbeat

MVP Gauges Support for Southgate Natural Gas Extension as Mainline Shows Heartbeat

Mountain Valley Pipeline LLC (MVP) is conducting an open season for natural gas deliveries along its revamped Southgate extension planned for 550,000 Dth/d capacity. The non-binding open season runs through Friday (Feb. 16) and is for firm transportation service in Rockingham County, NC. MVP said it is targeting an in-service date of mid-2028. After years…

February 14, 2024
Duke Seeking More Carolinas Natural Gas Generation on Stronger Demand Forecast 

Duke Seeking More Carolinas Natural Gas Generation on Stronger Demand Forecast 

Duke Energy Corp. is awaiting approval from regulators for updated Carolinas resource plans to increase natural gas generation, fueled in part by the Mountain Valley Pipeline LLC (MVP) system, which would transport more Appalachian supply to southeastern markets.  Charlotte, NC-based Duke last summer filed a Carbon Plan and Integrated Resources Plan (IRP) for North Carolina…

February 7, 2024
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