Equitrans Mountain Valley Pipeline Championed by Joe Manchin Faces More Delays - Bloomberg
Equitrans Mountain Valley Pipeline Championed by Joe Manchin Faces More Delays - Bloomberg
Pipeline That Manchin Championed Faces More Delays, Higher Costs
- Controversial project is years behind original schedule
- Pipeline operator lifts total project cost up to $7.63 billion
Sections of steel pipe for the Mountain Valley Pipeline in Bent Mountain, Virginia. Photographer: Robert Nickelsberg/Getty Images
Equitrans Midstream Corp. is now anticipating its controversial Mountain Valley Pipeline will be completed in the second quarter of 2024, dealing another blow for a project marred by delays and cost overruns.
The pipeline, which has received support from West Virginia Senator Joe Manchin, is being pushed from the first quarter “as a result of unforeseen challenging construction conditions, combined with unexpected and substantially adverse winter weather conditions throughout much of January,” according to an earnings release Tuesday.
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