The $6.6 billion Mountain Valley natural gas pipeline from West Virginia to Virginia is on track to get final permits by Saturday, moving the long-delayed project closer to re-starting construction.
"We will request the administrative authorizations necessary to resume full construction in the near future," Cox said, noting that Mountain Valley continues to target project completion by year-end 2023.
Mountain Valley is one of several U.S. projects delayed by regulatory and legal fights with environmental and local groups in recent years. The pipe is key to unlocking more gas supplies in Appalachia, the nation's biggest shale gas basin. But analysts at energy consulting firm East Daley Analytics said Mountain Valley will only run at about 35% of its 2 billion cubic feet per day capacity when it is finally built.
That's because the Transcontinental Gas Pipe Line system into which Mountain Valley will connect in Virginia has limited takeaway capacity, East Daley said.Williams, however, told Reuters in an email that the "Transco system is fully capable of moving in excess of 2 bcfd of gas from Mountain Valley to high-demand markets.
When Mountain Valley started construction in February 2018, Equitrans estimated the 303-mile project would cost about $3.5 billion and enter service by late 2018.
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