EQT acquisition of Equitrans closes after Mountain Valley pipeline start-up opened way for deal completion
EQT Corp., the largest shale-gas operator in the US Appalachian Basin and a future LNG market stakeholder, has completed the acquisition of Equitrans Midstream earlier than expected after the Equitrans-operated Mountain Valley Pipeline came online in June 2024.
Most politicised US natural gas pipeline Mountain Valley starts and opens way for EQT merger with Equitrans
Mountain Valley Pipeline spanning the states of Virginia and West Virginia and whose operator is Equitrans Midstream, a company currently the subject of a merger deal with LNG player EQT Corp., has formally started up to meet soaring demand and as the most politicised and delayed pipeline in North America.
Latest US M&A action sees natural gas producer EQT merging with Equitrans Midstream to create $23Bln combination
EQT Corp., the leading US natural gas producer in the Appalachian shale basins, is merging in a combination worth over $23 billion with Equitrans Midstream, the operator of natural gas gathering systems and the owner of the key Mountain Valley Pipeline.
