{"id":119365,"date":"2026-02-20T20:54:06","date_gmt":"2026-02-20T20:54:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-pa\/119365\/"},"modified":"2026-02-20T20:54:06","modified_gmt":"2026-02-20T20:54:06","slug":"eqt-buys-larger-stake-in-mountain-valley-pipeline-wpxi","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-pa\/119365\/","title":{"rendered":"EQT buys larger stake in Mountain Valley Pipeline \u2013 WPXI"},"content":{"rendered":"<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph\"><a href=\"https:\/\/www.bizjournals.com\/pittsburgh\/organization\/eqt\" rel=\"nofollow noopener\" target=\"_blank\">EQT Corp.<\/a> will increase its ownership in the Mountain Valley Pipeline.<\/p>\n<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph\">The Pittsburgh-based natural gas producer, which got back partial ownership in the signature pipeline when it acquired Equitrans Midstream Corp. in 2024, said it and <a href=\"https:\/\/www.bizjournals.com\/pittsburgh\/news\/2024\/11\/25\/eqt-blackstone-joint-venture.html\" rel=\"nofollow noopener\" target=\"_blank\">its joint venture partner<\/a> <a href=\"https:\/\/www.bizjournals.com\/pittsburgh\/organization\/blackstone\" rel=\"nofollow noopener\" target=\"_blank\">Blackstone<\/a> Credit &amp; Insurance would exercise an option to acquire part of Con Edison\u2019s MVP Mainline and MVP Boost, which is a compression project, for about $115 million of the total $213 million cost.<\/p>\n<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph\">The option was exercised Jan. 2, and the deal will close in the first half of the year.<\/p>\n<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph\"><a href=\"https:\/\/www.bizjournals.com\/pittsburgh\/news\/2026\/02\/18\/eqt-consolidated-edison-mountain-valley-pipeline.html?ana=wpxi\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.bizjournals.com\/pittsburgh\/news\/2026\/02\/18\/eqt-consolidated-edison-mountain-valley-pipeline.html?ana=wpxi\">Click here to read more from our partners at the Pittsburgh Business Times.<\/a><\/p>\n<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph\">Download the <a href=\"https:\/\/www.wpxi.com\/mobile-apps\/\" rel=\"nofollow noopener\" target=\"_blank\">FREE WPXI News app<\/a> for breaking news alerts.<\/p>\n<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph\">Follow Channel 11 News on <a href=\"https:\/\/www.facebook.com\/wpxi\" rel=\"nofollow noopener\" target=\"_blank\">Facebook<\/a> and <a href=\"https:\/\/twitter.com\/WPXI\" rel=\"nofollow noopener\" target=\"_blank\">Twitter<\/a>. | <a href=\"https:\/\/www.wpxi.com\/video\/\" rel=\"nofollow noopener\" target=\"_blank\">Watch WPXI NOW<\/a><\/p>\n<p>TOP STORIES FROM CHANNEL 11 NEWS <\/p>\n<p><a href=\"https:\/\/www.wpxi.com\/news\/local\/peters-township-high-school-senior-charged-with-running-criminal-network-abuse-exploit-22-minors\/4NANLSUJIRD7RAIUPIV4JXBPCA\/\" rel=\"nofollow noopener\" target=\"_blank\">Peters Township High School senior charged with running criminal network to abuse, exploit minors<\/a><a href=\"https:\/\/www.wpxi.com\/news\/local\/thousands-without-power-amid-high-winds-pittsburgh-area\/2TVZQYHR45CWJCSDFTBEM3MUOU\/\" rel=\"nofollow noopener\" target=\"_blank\">Thousands without power amid high winds in Pittsburgh area<\/a><a href=\"https:\/\/www.wpxi.com\/news\/local\/pittsburgh-fish-fry-list-2026\/QPOCR6BA2JEULBAMPYQFBHR45E\/\" rel=\"nofollow noopener\" target=\"_blank\">Pittsburgh Fish Fry List 2026<\/a><a href=\"https:\/\/www.wpxi.com\/news\/trending\/supreme-court-rules-trumps-emergency-tariffs-are-illegal\/IEXSQV6R2FDPZDOZZL6X7YKV6U\/\" rel=\"nofollow noopener\" target=\"_blank\">Supreme Court rules Trump\u2019s emergency tariffs are illegal; president speaks<\/a><a href=\"https:\/\/www.wpxi.com\/news\/local\/isolated-showers-falling-temperatures-later-this-afternoon\/44BQMLC3OVFRZN5HDJOTEVHNAQ\/\" rel=\"nofollow noopener\" target=\"_blank\">Isolated showers, falling temperatures later this afternoon<\/a><\/p>\n<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph body-copyright\">\u00a92026 Cox Media Group<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"EQT Corp. will increase its ownership in the Mountain Valley Pipeline. The Pittsburgh-based natural gas producer, which got&hellip;\n","protected":false},"author":2,"featured_media":119366,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[56584,31242,18869,56580,56586,56585,56583,20374,56581,48570,73,75,56582,74],"class_list":{"0":"post-119365","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-pittsburgh","8":"tag-con-edison","9":"tag-eqt","10":"tag-eqt-pittsburgh","11":"tag-eqt-purchase","12":"tag-mountain-valley-pipeline","13":"tag-mvp-boost","14":"tag-mvp-mainline","15":"tag-natural-gas","16":"tag-natural-gas-producer","17":"tag-pipeline","18":"tag-pittsburgh","19":"tag-pittsburgh-headlines","20":"tag-pittsburgh-natural-gas","21":"tag-pittsburgh-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/119365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=119365"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/119365\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/119366"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=119365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=119365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=119365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}