Mountain Valley seeks authorization for Virginia natgas pipe (updated)

RGC Resources

10/06/2024 19:45

(Adds details and background)
       June 10 (Reuters) - U.S. natural gas pipeline venture
Mountain Valley asked federal regulators on Monday to authorize
its Virginia pipeline project to be in service by June 11.
    The company said in a filing with the Federal Energy
Regulatory Commission (FERC) that the final segments of the
project were being purged and packed with natural gas.
        Mountain Valley added in the filing that it had
satisfied all aspects of the Pipeline and Hazardous Materials
Safety Administration’s Oct. 3, 2023, Consent Order (CO) that
were necessary to commence service.
  
        Officials at Mountain Valley were not immediately
available for comment.
  
    Last month, the company pushed back the target in-service
date of its long-delayed pipe from West Virginia to Virginia to
early June from the prior target of "prior to June 1".
        Meanwhile, earlier in May, the company said it repaired
a 
    segment of pipe
     that failed a water test.
  
        The $7.85 billion Mountain Valley project is the only
big gas pipeline under construction in the U.S. Northeast. It
has encountered numerous regulatory and court fights that have
stopped work several times since construction began in 2018.
  
        The 303-mile (488-km) Mountain Valley project is owned
by units of Equitrans, NextEra Energy  NEE.N , Consolidated
Edison  ED.N , AltaGas  ALA.TO  and RGC Resources  RGCO.O .
Equitrans will operate the pipeline.
  

 (Reporting by Anushree Mukherjee and Rahul Paswan in Bengaluru;
editing by Jonathan Oatis and David Gregorio)
 ((anushree.ashishMukherjee@thomsonreuters.com;))