Mountain Valley Pipeline

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…

As the long-delayed Mountain Valley Pipeline LLC works toward a target in-service date in the second half of 2023, the developer will have to wait until at least next summer to receive an updated environmental review from the U.S. Forest Service (USFS). The USFS plans to prepare a supplemental environmental impact statement (EIS) for the…

Senate Democrats removed language on comprehensive permitting reform from an emergency government funding bill passed late Tuesday in a defeat for Sen. Joe Manchin (D-WV) and the natural gas industry. Manchin had voted in favor of President Biden’s Inflation Reduction Act of 2022 (IRA) on the condition that Majority Leader Chuck Schumer (D-NY) include an…

With the clock ticking, it remained unclear Tuesday whether Sen. Joe Manchin (D-WV) would secure the votes needed to pass a controversial permitting reform bill supported by the natural gas industry. The Senate Appropriations Committee released the text Monday evening of a continuing resolution (CR) to fund the federal government that must be passed by…

An overhaul of natural gas pipeline permitting by Sen. Joe Manchin (D-WV) is set to be included in a congressional spending package this week, but some House Democrats and now Senate Republicans are balking, with the Mountain Valley Pipeline (MVP) caught in the crosshairs. Stopgap spending legislation, known as a continuing resolution (CR), is likely…

An overhaul of natural gas pipeline permitting by Sen. Joe Manchin (D-WV) is set to be included in a congressional spending package this week, but some House Democrats are balking at the measure to clear the path for Mountain Valley Pipeline (MVP). Stopgap spending legislation, known as a continuing resolution (CR), is likely to be…

A legislative compromise to help ease the federal permitting process for energy infrastructure projects would provide the certainty Equitrans Midstream Corp. needs to finally complete the Mountain Valley Pipeline, CEO Thomas Karam said Tuesday.  “The need for this proposed bill should be crystal clear,” Karam said, noting that MVP has been the “collateral damage” of…