Mountain Valley Pipeline

Freshly optimistic following recent legislative intervention to move its long-delayed natural gas project across the finish line, Mountain Valley Pipeline LLC (MVP) is now turning its attention to its Southgate extension, a recent FERC filing shows. MVP last week asked the Federal Energy Regulatory Commission for a two-year extension of time to finish construction of…

Mountain Valley Pipeline LLC (MVP) developers expect to have the long-delayed and oft-challenged natural gas pipeline in service by the end of this year thanks to a major assist from provisions included in the bipartisan debt ceiling deal signed by President Biden. The Fiscal Responsibility Act, negotiated between the Biden administration and lawmakers, and signed…

Natural gas futures faltered on Thursday, driven lower by a robust inventory injection that reflected strong production and anemic demand. The July Nymex gas futures contract, which has lost ground each day this week, dropped 10.8 cents day/day and settled at $2.158/MMBtu.. August lost 8.5 cents to $2.273. At A Glance: EIA posts 110 Bcf…

The U.S. Forest Service (USFS) has once again given the nod for the Mountain Valley Pipeline (MVP) to cross through the Jefferson National Forest in Virginia and West Virginia, putting one piece of the natural gas conduit’s complex regulatory puzzle back in place. The USFS on Monday published a record of decision signing off on…

The Biden administration has publicly endorsed, at least tepidly, the Mountain Valley Pipeline (MVP), a development that could augur well for the beleaguered natural gas conduit’s hopes of finally completing a drawn-out construction process. In a letter to FERC sent last Friday, U.S. Energy Secretary Jennifer Granholm expressed support for the 303-mile, 2 million Dth/d…

The Mountain Valley Pipeline (MVP) will spend a while longer on its regulatory treadmill after the U.S. Court of Appeals for the Fourth Circuit vacated a key permit issued by West Virginia regulators. The latest ruling, handed down by the Fourth Circuit on Monday, marks yet another setback for the 303-mile, 2 million Dth/d Appalachia-to-Southeast…

Natural gas futures on Wednesday lost ground for the third time in four sessions, succumbing to spring weather expectations and stout production levels. The April Nymex gas futures contract settled at $2.171/MMBtu, down 17.7 cents day/day. May fell 17.8 cents to $2.307. At A Glance: Front month sheds 17.7 cents day/day Next-day cash prices under…

Equitrans Midstream Corp.’s (EQM) long-delayed Mountain Valley Pipeline (MVP) may gain some necessary permits within the next few months, “which will allow us then to bring MVP into service in 2023,” said CEO Thomas Karam.  EQM is expecting the biological opinion from the U.S. Fish and Wildlife Service by next Tuesday, “and based on the…

Earlier than expected, the U.S. Forest Service (USFS) has released a draft version of an updated environmental review needed for the Mountain Valley Pipeline’s (MVP) proposed 3.5-mile crossing of the Jefferson National Forest along the Virginia-West Virginia border. Notice of the availability of the draft supplemental environmental impact statement (EIS) was published in the Federal…