Mountain Valley Pipe Price Goes Up, In-Service Delayed Again

The last time Equitrans talked about the status of its 303-mile Mountain Valley Pipeline project (from Wetzel County, WV to Pittsylvania County, VA) was July, when the company said the cost for the project had ballooned to $5 billion and the in-service date delayed until mid-2020 (see Equitrans Wants to Remain Kissin’ Cousins with EQT; MVP 85% Done). Then the clown judges of the federal Fourth Circuit Court pulled a permit for the project, and FERC told the company to stop all construction (see FERC Shuts Down All Mountain Valley Pipeline Construction). Yesterday Equitrans issued a new update. The price has gone up...again, and the in-service date is delayed...again.

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