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…
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Articles from Mountain Valley Pipeline
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…
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…
MVP Redesigns Southgate Natural Gas Extension After Securing New Capacity Agreements
Mountain Valley Pipeline LLC (MVP) is revamping its proposed Southgate extension, reducing its length, cutting down on the number of water crossings and bypassing the need for a previously planned compressor station, the operator told regulators. In filings late last week with FERC and the Securities and Exchange Commission, MVP said it entered into precedent…
MVP Schedule Threatened as Fourth Circuit Rulings Reignite Legal Battle Over Natural Gas Pipeline
Weeks after Congress appeared to remove its jurisdiction over the Mountain Valley Pipeline (MVP), the U.S. Court of Appeals for the Fourth Circuit has issued a pair of rulings blocking construction of the natural gas conduit. Absent details or explanation, the Fourth Circuit on Monday granted a motion for stay filed by the Wilderness Society…
Rejuvenated MVP Requests More Time for Extension Project
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…
MVP ‘Grateful’ for Debt Deal Assist, Looking Toward 2023 Completion
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…
Bearish Storage Print Sends Already Battered Natural Gas Futures Reeling; Spot Prices Slide
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…
MVP Gets Nod from USFS (Again) as Regulatory Headwinds Remain
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…
Biden Administration’s MVP Support Bodes Well for Project, with Natural Gas ‘Important’ to Energy Transition
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…