Mvp

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…

The U.S. Fish and Wildlife Service (USFWS) has issued an updated review of the Mountain Valley Pipeline (MVP) that could pave the way for the 2 million Dth/d natural gas conduit to receive further permits and complete construction this year. However, even with the updated USFWS Biological Opinion, posted to the project’s FERC docket Wednesday,…

The permits necessary for Equitrans Midstream Corp.’s long-delayed Mountain Valley Pipeline (MVP) to advance may come as early as May, allowing the company to bring the project in-service by 2023, CEO Thomas Karam announced.  EQM is expecting the biological opinion from the U.S. Fish and Wildlife Service by next Tuesday, “and based on the permitting…

As the United States works toward casting a wider net on the global natural gas market via exports, key domestic markets could be turned upside down in 2023 as midstream bottlenecks leave gas stranded in producing basins. LNG developers on the Gulf Coast are in a race to boost liquefied natural gas exports to capitalize…

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…

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…

The Inflation Reduction Act of 2022 (IRA) and a related promise for energy permitting reform may have improved the outlook for natural gas infrastructure, according to industry stakeholders. Speakers at LDC Forums’ Mid-Continent Forum in Chicago were under no illusions about the continued challenges facing newbuild projects, especially interstate pipelines. However, recent events have offered…

With warnings of higher prices still to come, natural gas forward prices mounted hefty gains for the trading period ending May 25, with prices nearing $9.00/MMBtu across much of the country and cresting $10.00 in California, according to NGI’s Forward Look. June fixed prices averaged 65.0 cents higher on the week, while the balance of…