EQM Midstream Partners raised the estimated cost of its 2 Bcf/d Mountain Valley natural gas pipeline from West Virginia to Virginia to between $4.8 billion and $5 billion and delayed the projected completion to mid-2020 due to ongoing legal and regulatory challenges.That is up from the company's last estimate of $4.6 billion and a target to complete the project in the fourth quarter of 2019.EQM made the comments in a federal regulatory filing in which the company said it had submitted a land exchange proposal to the federal government in an effort to enable the pipe to cross the Appalachian Trail.Crossing the trail became an issue after the U.S.Court of Appeals for the 4th Circuit in December said the U.S.Forest Service lacked authority to issue a permit for another gas pipe,Dominion Energy Inc's $7-7.5 billion Atlantic Coast,to cross the Appalachian Trail on federal land.
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