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EQT reorganization of Pa. pipeline system receives FERC approval

FERC approved EQTCorp. subsidiaries' joint application to transfer natural gastransportation and storage facilities between affiliates, allowing continuedservice to customers in Pennsylvania.

An April 22 FERC order amending certificates grantedauthorization for the acquisition, which was requested by EQT subsidiariesEquitrans LP andRager Mountain Storage Co. LLC.

The authorization will allow Equitrans to own and operatethe existing Allegheny Valley Connector system, instead of leasing thefacilities from affiliate Allegheny Valley Connector LLC.The new arrangement followed a 2013 corporate transaction that included EQT'sacquisition of Allegheny Valley Connector facilities from . Equitransand Rager Mountain submitted an abbreviated application to FERC on Dec. 4,2013, as part of EQT's internal corporate reorganization to transfer ownershipof the facilities to Equitrans. EQT Corp. owns partof Equitrans through EQTMidstream Partners LP. EQT is also the parent company of RagerMountain.

The Allegheny Valley Connector facilities consist of about200 miles of 12- to 30-inch diameter pipeline in western Pa. The facilitiesinclude three interconnections with DominionResources Inc. subsidiary DominionTransmission Inc. and one interconnection with 'sTexas Eastern Transmission LP;the Rager Mountain storage facility and three storage fields; two relaycompressor stations that together provide 4,545 horsepower; and three storagecompressor stations that together total 9,300 horsepower.

Rager Mountain will lease 2 Bcf of storage capacity fromEquitrans at the Rager Mountain storage facility to maintain service tocustomers.

One of the conditions of the FERC order is that theacquisition must be completed by June 30. (CP16-81)