Equitrans Midstream Corporation (ETRN) has achieved approval and a certificate from FERC for the Ohio Valley Connector Expansion (OVCX) project. ETRN is planning to invest USD 160 million for the connector pipeline which aims to enhance the company’s capacity by 350 million cubic feet per day.
Aug 1, 2023
In a significant development within the energy sector, Equitrans Midstream Corporation (ETRN) has recently achieved crucial regulatory milestones for its Ohio Valley Connector Expansion (OVCX) project. In June, the Federal Energy Regulatory Commission (FERC) granted a certificate of public convenience and necessity for the project, marking a pivotal step forward. Subsequently, on July 27, the U.S. Army Corps of Engineers granted the final outstanding approval required for the OVCX project, opening the path for its progression. With further advancements anticipated, FERC issued a Notice to Proceed, indicating ETRN’s imminent commencement of construction. To support this ambitious endeavor, ETRN plans to invest around USD 160 million in the project.
The company is preparing to begin ground-breaking activities and expects construction to commence shortly. The OVCX project strategically aims to enhance the capacity of ETRN’s Ohio Valley Connector pipeline by approximately 350 million cubic feet per day (MMcf/d). It is designed to address the growing demand in key markets within the mid-continent and Gulf Coast regions through connections with long-haul pipelines in Clarington, Ohio. The estimated in-service date for this additional capacity is slated for the first half of 2024. The OVCX expansion is poised to play a pivotal role in meeting the escalating energy requirements of the region.