Steady supplies of natural gas – and more infrastructure to deliver it – are vital for the United States to meet steady domestic consumption and elevated global demand for LNG through this decade and beyond. Such was the prevailing sentiment among industry leaders and analysts who presented last week at the LDC Gas Forums annual…
Mvp
Articles from Mvp
EQT Advancing Gulf Coast LNG Strategy and Eyeing (Eventual) MVP Opportunities
EQT Corp., the nation’s largest natural gas producer, has snagged an agreement to supply the proposed Lake Charles LNG project in Louisiana with 1 million metric tons/year (mmty), or 135 MMcf/d, advancing a strategy to supply overseas markets with Appalachia production. In the heads of agreement (HOA) with sponsor Energy Transfer LP (ET), EQT said…
Permits in Hand, MVP Seeks FERC Nod to Restart Pipeline Construction
Mountain Valley Pipeline LLC (MVP), aiming to get its long-delayed project into service by the end of this year, asked FERC Monday for the go-ahead to resume construction and finish building the natural gas conduit at long last. With Congress and the Biden Administration agreeing to order authorization of the embattled natural gas conduit’s outstanding…
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…
Congress Ready to Rescue MVP from Quagmire as Debt Deal Takes on Permitting Reform
In what could mark a major turning point in the Mountain Valley Pipeline’s (MVP) arduous permitting journey, Congress is set to legislate approval of the project’s perpetually contested permits as part of an agreement to raise the debt ceiling. The Biden administration over the Memorial Day weekend announced a bipartisan budget agreement reached with House…
Equitrans CEO Sees ‘Narrower’ Path to MVP Completion this Year
The embattled Mountain Valley Pipeline (MVP) has a shot at completion this year despite a recent setback in federal court, according to management of project sponsor Equitrans Midstream Corp. CEO Thomas Karam vented about MVP’s arduous regulatory journey during a conference call to review Equitrans’ first quarter earnings. The 303-mile pipeline would supply 2 Bcf/d…
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…
MVP Likely Facing More Delays as Fourth Circuit Vacates West Virginia Permit
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 April 3, marks yet another setback for the 303-mile, 2 million Dth/d…
Energy, Business Groups Urge Permitting Reform as GOP Suggests Tying Vote to Debt Ceiling
U.S. businesses across the country, including natural gas and oil groups, are urging Congress to enact “meaningful, durable permitting reform” by summer’s end. The U.S. Chamber of Commerce organized the collaboration of more than 200 state and local chambers, as well as business, policy and labor organizations. In a letter sent to Congressional leaders, the…