Mountain Valley Pipeline seeks new permits, delays completion to 2023
Friday, May 20, 2022
Earlier this month, Equitrans Midstream Corp., the lead partner in the Mountain Valley Pipeline, announced it will seek new permits for the project and delayed its completion to 2023, according to U.S. News and World Report.
The decision increases the cost of the project to $6.6 billion and further delays its completion date. The courts have previously rejected the permits twice.
“After engaging with the federal agencies and evaluating all options, we believe the best path forward for MVP’s completion is to pursue new permits,” said Thomas Karam, chairman and chief executive officer of Equitrans Midstream Corp.
The 303-mile pipeline will run through West Virginia and Virginia, transporting natural gas drilled from the Marcellus and Utica shale plays.
Learn more: U.S. News and World Report > Mountain Valley Pipeline to seek new permits, boosting cost
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