“The Mountain Valley Pipeline has once again pushed its completion date back and the project cost up.
Equitrans Midstream Corp., the lead partner in a joint venture of five energy companies that has faced widespread environmental problems while building the natural gas pipeline, made the announcement Tuesday.
Rather than completing construction early next year as planned, the company is now targeting a full in-service date “during the second half of 2021,” a news release stated.
The cost, which was estimated to be $3.7 billion when construction started in 2018, now stands at between $5.8 billion and $6 billion. The latest increase was attributed largely to the more costly task of continuing construction through the winter, which Mountain Valley plans to do in order to make up time lost to legal challenges.”