Tag / Mvp

Subscribe

Mvp

EQT Eyeing Data Center ‘Gold Rush’ for Natural Gas-Fired Power, Unleashing More LNG

EQT Eyeing Data Center ‘Gold Rush’ for Natural Gas-Fired Power, Unleashing More LNG

EQT Corp., the No. 1 natural gas producer in the United States, isn’t resting on its laurels. The gas giant is continuing to eye a potential East Coast LNG project, but it’s venturing into the artificial intelligence (AI) market, to gain a slice of the data center power market. Executive Vice President Rob Wingo, who…

March 26, 2024
April Natural Gas Bidweek Prices Stay Lower on Second Day of Trade

April Natural Gas Bidweek Prices Stay Lower on Second Day of Trade

The second day of natural gas bidweek trading Monday (March 25) saw baseload prices maintain the weakening trend that began Friday, according to NGI’s Bidweek Alert (BWA). Deal volumes slowed somewhat from Friday levels. Bidweek trading concludes on Tuesday. Leading on volume for deals, Dawn in the Midwest saw 80 total deals. Its basis trading…

March 26, 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
EQT Not Ready to Curb Production Further as it Positions for Natural Gas Rebound

EQT Not Ready to Curb Production Further as it Positions for Natural Gas Rebound

Despite crashing prices, executives at EQT Corp. said the U.S. natural gas market is not as oversupplied as most think, suggesting the stage is being set for a rebound.  Henry Hub has traded below $2/MMBtu for seven straight sessions. The contract hasn’t been this low since June 2020 during the Covid-19 pandemic. NGI’s Weekly Spot…

February 14, 2024
Meek Winter Demand Sees Natural Gas Forward Prices Continue to Deteriorate

Meek Winter Demand Sees Natural Gas Forward Prices Continue to Deteriorate

Exceptional warmth near-term and an enduring supply buffer kept the pressure on regional natural gas forward prices during the Feb. 1-7 trading period, according to NGI’s Forward Look. March fixed prices at benchmark Henry Hub dropped 13.6 cents to end at $1.976/MMBtu, setting the pace for coast-to-coast discounts at the front of the curve.  With…

February 9, 2024
Transco Files to Add 1.6 Bcf/d of Southeast Natural Gas Takeaway Capacity

Transco Files to Add 1.6 Bcf/d of Southeast Natural Gas Takeaway Capacity

Williams has filed with FERC for authorization to build its Southeast Supply Enhancement Project that would add about 1.6 Bcf/d of capacity to its Transcontinental Gas Pipe Line Co. (Transco) for natural gas deliveries from Virginia to Georgia. The pre-filing request with the Federal Energy Regulatory Commission on Feb. 1 comes three months after Williams…

February 6, 2024
MVP Redesigns Southgate Natural Gas Extension After Securing New Capacity Agreements

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…

January 2, 2024
MVP to Rank Among ‘Most Valuable Pipelines’ in U.S., Says Equitrans CEO

MVP to Rank Among ‘Most Valuable Pipelines’ in U.S., Says Equitrans CEO

Equitrans Midstream Corp. management remains upbeat about the long-term fundamentals underpinning the Mountain Valley Pipeline (MVP) despite recently postponing the project’s expected in-service date and upwardly revising its projected cost.  Canonsburg, PA-based Equitrans has moved the targeted start-up date for the embattled 2 Bcf/d natural gas conduit to early 2024 from late 2023, and the…

October 31, 2023
EQT Signs Deals to Sell 1.2 Bcf/d of Natural Gas on MVP 

EQT Signs Deals to Sell 1.2 Bcf/d of Natural Gas on MVP 

EQT Corp. said Thursday that it has signed two major sales agreements covering all the capacity it has booked on the Mountain Valley Pipeline (MVP) system, which it expects to enter service early next year.  “These are two of the largest long-term physical supply deals ever executed in the North American natural gas market,” CEO…

October 26, 2023
MVP, PHMSA Enter Agreement as Operator Looks to ‘Reassure’ Public Over Safety Concerns

MVP, PHMSA Enter Agreement as Operator Looks to ‘Reassure’ Public Over Safety Concerns

Mountain Valley Pipeline LLC (MVP) operator Equitrans Midstream Corp., seeking to complete construction of its controversial natural gas conduit after a long delay, has agreed to additional steps to address safety concerns raised by the Pipeline and Hazardous Materials Safety Administration (PHMSA). Equitrans would follow a number of additional safety measures in completing construction of…

October 4, 2023
‹ Previous 1 2 3 9