As PIBF Co-Chairman, I am proud to announce an accrual increase for the Welders, Journeymen, and Helpers. The Journeymen rate increased from $205 to $220, and the Helpers increased from $136 to $146 per credit. Additionally, retired members will enjoy a five percent increase in their monthly amount. After the pension raises were calculated, the fund is still at 110.8 percent!
**Project update** In Oct. 2019, FERC ordered MVP to “cease immediately” all work on the project until questions raised by the latest legal challenge are resolved. This pushed the expected completion date to the end of 2020. The U.S. Army Corps of Engineers is also tasked to decide whether to re-issue crucial permits in Virginia and West Virginia.
On Aug. 29 2018, FERC authorized MVP to resume construction and restoration on a significant portion of the project in Virginia and West Virginia. The authorization does not apply to federally owned lands for which MVP has not yet obtained the rights-of-way and temporary use permits.
As proposed, the Mountain Valley Pipeline (MVP) project is a natural gas pipeline system that spans approximately 303 miles from northwestern West Virginia to southern Virginia – and as an interstate pipeline will be regulated by the Federal Energy Regulatory Commission (FERC).
With a vast supply of natural gas from Marcellus and Utica shale production, the Mountain Valley Pipeline is expected to provide up to two million dekatherms per day of firm transmission capacity to markets in the Mid- and South Atlantic regions of the United States.
As currently planned, the pipeline will be up to 42 inches in diameter and will require approximately 50 feet of permanent easement (with 125 feet of temporary easement during construction). In addition, the project will require three compressor stations, with identified locations in Wetzel, Braxton, and Fayette counties of West Virginia.
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