EQT Corporation is accelerating development of the Mountain Valley Pipeline with a significant increase in its expansion plans. The company’s “MVP Boost” project has been substantially upgraded, now targeting a 600 MMcf/d capacity enhancement compared to the initially planned 500 MMcf/d. This upward revision follows exceptionally strong market interest, with shippers requesting over 1 Bcf/d of capacity during the recent open season.
Strategic Expansion Backed by Long-Term Commitments
The expansion initiative has already secured substantial long-term commitments from three major energy providers. Duke Energy has contracted for 275 MMcf/d, Public Service Company of North Carolina for 125 MMcf/d, and Virginia Power for 200 MMcf/d. These binding agreements provide substantial project certainty and underscore the robust natural gas demand across Virginia and North Carolina markets.
Following completion, the pipeline’s total capacity will increase from the current 2.0 Bcf/d to 2.6 Bcf/d, representing a substantial infrastructure enhancement. This development highlights the strategic value of the former Equitrans Midstream assets that EQT fully integrated following their acquisition in July 2024. The consolidation enables seamless coordination between production operations and transportation infrastructure.
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Project Timeline and Market Implications
Construction is scheduled to commence during the winter of 2026/2027, with the expanded pipeline expected to become operational by mid-2028. This timeline positions the Mountain Valley Pipeline to strengthen its role as critical energy infrastructure within the Appalachian Basin.
The guaranteed demand through long-term contracts demonstrates the compelling economics behind EQT’s integrated strategy. By combining production capabilities with transportation assets, the company continues to develop a comprehensive value chain that represents a significant competitive advantage in the natural gas sector.
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