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MVP delays its 20 bcm/year gas pipeline project (US) to late 2021

Equitrans Midstream has delayed the completion of its 1.9 bcf/d (20 bcm/year) Mountain Valley gas pipeline from early 2021 to end-2021. In addition, the project’s cost will rise from US$5.4bn to US$5.8-6bn. Mountain Valley Pipeline is a joint venture (JV) made of five companies, namely MVP Holdco (EQT Corporation), US Marcellus Gas Infrastructure (NextEra Energy Capital Holdings), Con Edison Gas Midstream, WGL Midstream and RGC Midstream. Its proposed MVP gas pipeline would link Wetzel County (West Virginia) to Pittsylvania County (Virginia). An extension of the gas pipeline to the Rockingham and Alamance Counties in North Carolina could be built in a second phase. In October 2020, the US Federal Energy Regulation Commission (FERC) authorised Mountain Valley Pipeline (MVP) to continue the construction of its gas pipeline project in light of a new assessment of its impacts on certain species. The project is 92% complete, 256 miles (412 km) of pipeline placed into the ground and 155 miles (249 km) of the route already restored.