EQT, as the owner and operator of the Mountain Valley Pipeline, filed a letter March 9 telling FERC of the parent company’s plans to separate its upstream and midstream operations. The plan was initially announced February 21.
As a result of the split, EQT Energy will no longer be an affiliate of Mountain Valley Pipeline, LLC.
“The separation will not result in any changes to the construction or operation of the Project or Mountain Valley’s binding, long-term agreements with EQT Energy for Project capacity,” the statement read.