Mountain Valley Pipeline LLC formally applied to the Federal Energy Regulatory Commission (FERC) for authorization to build the MVP Southgate Project, a proposed interstate natural gas transmission pipeline designed to provide reliable, cost-effective access to natural gas to meet increasing residential and commercial demand in central North Carolina.
Mountain Valley Pipeline LLC will construct and own the proposed MVP Southgate, which is a joint venture between EQM Midstream Partners LP, affiliates of NextEra Energy Inc., Consolidated Edison Inc., RGC Resources Inc., WGL Midstream Inc. and PSNC Energy. EQM Midstream Partners will operate the pipeline and own the largest interest in the joint venture. Mountain Valley Pipeline LLC and PSNC Energy have entered into binding long-term agreements that make PSNC Energy an anchor shipper for the project, and Mountain Valley Pipeline LLC continues discussions with other potential customers.
MVP Southgate will tie into the Mountain Valley Pipeline near Chatham, VA, and transport supplies of Marcellus and Utica natural gas to delivery points in Rockingham and Alamance counties in North Carolina for distribution to PSNC Energy’s residential and commercial customers. As currently proposed, the MVP Southgate project is approximately 73 miles long; pending regulatory approval, construction is anticipated to begin in the first quarter 2020, with a full in-service date targeted for the fourth quarter 2020.