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Mvp

Infrastructure and ‘Pragmatic Policy’ Key to Meeting Long-Term Natural Gas Demand

Infrastructure and ‘Pragmatic Policy’ Key to Meeting Long-Term Natural Gas Demand

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…

August 21, 2023
EQT Advancing Gulf Coast LNG Strategy and Eyeing (Eventual) MVP Opportunities

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…

July 26, 2023
Permits in Hand, MVP Seeks FERC Nod to Restart Pipeline Construction

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…

June 26, 2023
Rejuvenated MVP Requests More Time for Extension Project

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…

June 21, 2023
MVP ‘Grateful’ for Debt Deal Assist, Looking Toward 2023 Completion

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…

June 5, 2023
Congress Ready to Rescue MVP from Quagmire as Debt Deal Takes on Permitting Reform

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…

May 30, 2023
Equitrans CEO Sees ‘Narrower’ Path to MVP Completion this Year 

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…

May 5, 2023
Biden Administration’s MVP Support Bodes Well for Project, with Natural Gas ‘Important’ to Energy Transition

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…

April 26, 2023
MVP Likely Facing More Delays as Fourth Circuit Vacates West Virginia Permit

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…

April 6, 2023
Energy, Business Groups Urge Permitting Reform as GOP Suggests Tying Vote to Debt Ceiling

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…

March 29, 2023