West Virginia Assignment and Bill of Sale of Pipeline and Gathering System
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But on Wednesday, the company delayed its "targeted timing" for finishing project construction to the first quarter of 2024. Mountain Valley pipeline, or MVP, also revised its total project cost to about $7.2 billion, ing to an Equitrans filing with the Securities and Exchange Commission.
This summer, in a highly unusual move, Congress stepped in to fast-track the completion of the Mountain Valley Pipeline. After years of stop-and-go construction, there's now a mad dash to finish the natural gas line stretching just over 300 miles from the northern border of West Virginia to southern Virginia.
Equitrans Midstream will operate the pipeline and own a significant interest in the joint venture.
Natural gas. West Virginia is the fourth-largest producer of marketed natural gas in the nation. West Virginia is the nation's fourth-largest producer of marketed natural gas. The state is within the Marcellus Shale productive region, one of the largest natural gas-producing areas in the United States.
The pipeline is proposed to start in western Monongalia County near Wadestown and head east approximately 25 miles to the western edge of the Morgantown area. From there, it will connect with other proposed Hope facilities west of Interstate 79 and Harmony Grove, approximately 5.5 miles into northern Marion County.