Project Profile
Value: Undisclosed
Location: from Marcellus and Utica to the US Southeast, from Wetzel County, W.Va. to Transcontinental Gas Pipeline Co.’s (Transco) Zone 5 compressor station 165 in Pittsylvania County, USA
Length: 330 miles
Capacity: 2 bcfd of gas
Start-up Year: by fourth-quarter 2018
EQT Corp. and NextEra US Gas Assets LLC, an indirect, wholly owned subsidiary of NextEra Energy Inc., have commenced with a nonbinding open season for the 2 bcfd Mountain Valley pipeline project expected to connect Marcellus and Utica natural gas supply to the US Southeast. The companies also have signed a letter of intent to form a joint venture expected to construct and own the pipeline. Through one or more of its affiliates, including EQT Midstream Partners LP, EQT would operate the pipeline and own a majority interest in the JV. The 330-mile project will extend the Equitrans transmission system from Wetzel County, W.Va., and travel south to its expected primary delivery point, Transcontinental Gas Pipeline Co.’s (Transco) Zone 5 compressor station 165 in Pittsylvania County, Va. Including EQT, the open season has commitments from two foundation shippers that together have agreed to 1 bcfd of firm transmission capacity through 20-year contracts on the line. Delivery to Transco CS 165 is expected enter service by fourth-quarter 2018. The open season was filed by Equitrans LP, a subsidiary of EQT Midstream Partners. The ultimate EQT affiliate to own and operate the pipeline will be determined at a future date. EQT is the general partner of and also owns 32% limited partner interest in EQT Midstream Partners.
Operators:
EQT Corp. and NextEra US Gas Assets LLC (wholly owned subsidiary of NextEra Energy Inc.): Operator with 100% interest