Mountain Valley Pipeline (MVP)
Sector: Natural Gas • Location: West Virginia; Virginia, United States
Source: AInvest
The MVP is a 303-mile natural gas pipeline connecting West Virginia to Virginia. Initially conceived in 2014 with a projected completion date of 2018 and a budget of $3.5 billion, the project faced significant delays and cost overruns, ballooning to $7.85 billion by 2024. The project experienced regulatory and environmental challenges, including permit vacatations and lawsuits. RGC Resources holds
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | operational |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The MVP is a 303-mile natural gas pipeline connecting West Virginia to Virginia. Initially conceived in 2014 with a projected completion date of 2018 and a budget of $3.5 billion, the project faced significant delays and cost overruns, ballooning to $7.85 billion by 2024. The project experienced regulatory and environmental challenges, including permit vacatations and lawsuits. RGC Resources holds a 10% stake in the MVP joint venture. The pipeline became operational in June 2024 but has faced profitability challenges due to impairments and higher costs. The MVP's Southgate Amendment Project, which reduces pipeline length but increases diameter and capacity, is under review. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |