CLAIM: The Sierra Club claimed in a Dec. 17 press release that EQM Midstream, the lead developer of the Mountain Valley Pipeline, had “raised the possibility that the project would not be completed “at all.””
RATING: Quote Taken Out of Context, 70% False
In a quarterly financial report filed in October with the U.S. Securities and Exchange Commission, EQM Midstream provided investors with an update on the regulatory and judicial challenges affecting the company’s pipeline projects, including the Mountain Valley Pipeline (MVP).
“The regulatory approval process for the construction of new midstream assets is challenging, and recent decisions by regulatory …