Equitrans Says an Act of Congress is Best Way to Finish MVP Pipeline

Yesterday Equitrans Midstream, the builder and majority owner of the Mountain Valley Pipeline (MVP) project, issued its third quarter 2022 update. The big news (for us) was that Thomas F. Karam, CEO of Equitrans, said that if the 95% complete MVP is going to get finished, it's probably going to take an act of Congress to do it. The same three clown judges (our words) of the 4th Circuit Court of Appeals are signaling they will continue to block MVP, says Karam. In contrast to the clouds over MVP, yesterday's update shared a bit of good news for a second Equitrans project.

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