Mountain Valley Pipeline Applies to Build MVP Southgate Interstate Natural Gas Pipeline

   By Stephen Nakrosis

Mountain Valley Pipeline LLC has applied to the Federal Energy Regulatory Commission to build the MVP Southgate Interstate Natural Gas Pipeline, which is intended to deliver natural gas to customers in Virginia and North Carolina.

Mountain Valley will construct and own the proposed pipeline, which is a joint venture between EQM Midstream Partners LP (EQM), affiliates of NextEra Energy Inc. (NEE), Consolidated Edison Inc. (ED) and RGC Resources Inc. (RGCO), WGL Midstream Inc. and PSNC Energy.

EQM Midstream will operate the pipeline and own the largest interest in the joint venture.

The proposed underground, interstate natural gas pipeline system will span approximately 73 miles from southern Virginia to central North Carolina. Construction is expected to start in 2020, pending regulatory approval. The pipeline is expected to be in service by the fourth quarter of that year.

The MVP Southgate project will serve customers of PSNC Energy, a local distribution company in North Carolina. Other markets along the project area will also have the ability to access the MVP Southgate project, the company said.

"We appreciate the many landowners, elected leaders, officials at every level of government, and other stakeholders who provided important feedback that helped us design the proposed route," said Diana Charletta, chief operating officer of EQM Midstream, operator of the proposed pipeline. "We are committed to building and operating a state-of-the-art pipeline that serves public demand for clean-burning, affordable, domestic natural gas."

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

November 06, 2018 17:44 ET (22:44 GMT)

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