EQT to carry WV gas to Southeast markets - WOWK 13 Charleston, Huntington WV News, Weather, Sports

EQT to carry WV gas to Southeast markets

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A new pipeline project announced June 12 by EQT Corporation  will extend the Equitrans transmission system from Wetzel County, at the base of West Virginia’s northern panhandle to Transcontinental Gas Pipeline Company’s Zone 5 compressor station 165 in Pittsylvania County, Virginia.

The 330-mile Mountain Valley Pipeline project, which is subject to approval, is expected to connect Marcellus and Utica natural gas supply to demand markets in the southeast region of the U.S. through a partnership with Juno Beach, Florida-based NextEra Energy.

“By leveraging our existing asset footprint and extensive pipeline network, this project will provide Marcellus and Utica producers a unique opportunity to transport their growing natural gas production into the southeast, one of the nation’s fastest growing demand markets,” said EQT Corporation Senior Vice President Randy Crawford, who also is chief operating officer of EQT Midstream Partners.

EQT expects to include EQT Midstream Partners LP in the operation of the pipeline, which has the potential to connect with several pipelines and processing facilities. Shippers also have the option to request a project extension to delivery points even further south, such as North Carolina. Delivery to Transco station 165 is expected to be in service by the fourth quarter of 2018.

According to a news release from EQT, the Mountain Valley Pipeline is expected to initially provide at least 2 billion cubic feet per day of firm transmission capacity.

“This is an exciting opportunity to invest in a high-quality natural gas pipeline that we expect to be fully contracted for the next 20 years, said NextEra U.S. Gas Assets President T.J. Tuscai. “This project is expected to support production growth and physical takeaway capability in the Marcellus and Utica and provide new markets to producers and shippers in the region.

“In addition, customers in the southeast United States should benefit from a new reliable supply source.”