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EQT in talks to sell some or all of its MVP capacity

Monday, November 2, 2020 by

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EQT is in discussions with up to five different unnamed parties to sell some or all of its contracted capacity in the 303-mile Mountain Valley Pipeline that is expected to begin service next year, according to Kallanish Energy.

EQT CFO David Khani made the announcement last week in an earnings call with analysts and the media.

A deal or deals is dependent on the pipeline being in service and “the viability of executing a transaction continues to improve,” Khani said.

Khani indicated that some interested parties were previously involved in the Atlantic Coast natural gas pipeline that abandoned last July. The companies involved on that pipeline project were Dominion Energy, Duke Energy, Piedmont Natural Gas and Southern Company Gas.

Learn more: Kallanish Energy > EQT in talks to sell its MVP capacity

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