Equitrans Midstream Disappointed With Appeals Court Decision To Grant One-sentence Stay Halting All Construction In The Jefferson National Forest With No Explanation
Portfolio Pulse from Benzinga Newsdesk
Equitrans Midstream is disappointed with the appeals court decision to halt all construction in the Jefferson National Forest. The company is considering filing an emergency appeal to the U.S. Supreme Court. If the decision is not reversed promptly, it could jeopardize Mountain Valley's ability to complete construction by year-end 2023.
July 11, 2023 | 11:36 am
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The court decision to halt construction in the Jefferson National Forest could delay Mountain Valley's construction completion to beyond 2023, potentially impacting Equitrans Midstream's operations and financial performance.
The court's decision directly impacts Equitrans Midstream's construction project in the Jefferson National Forest. If the decision is not reversed, it could delay the project's completion, which could negatively impact the company's operations and financial performance.
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