Mountain Valley Pipeline, Engie: Your Daily Energy News

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Energy Market highlights gathered by Industrial Info and IIR Energy

NATURAL GAS
U.S. Puts Smaller-Than-Usual Amount of Gas into Storage for Week - The U.S. Energy Information Administration (EIA) said utilities added 76 billion cubic feet (Bcf) of gas into storage during the week ended June 23. That compares with an increase of 81 Bcf in the same week last year and a five-year (2018-2022) average increase of 80 Bcf. (Reuters)

POWER
Belgium, Engie Agree on Nuclear Reactor Extensions - Belgium has reached an agreement with operator Engie (La Defense, France) to extend the use of the country's nuclear reactors by 10 years after Russia's invasion of Ukraine prompted Belgium's governing coalition to rethink plans to rely more on natural gas. Belgium was to have exited nuclear power entirely by 2025, but will now extend the lives of its two newest reactors, Doel 4 and Tihange 3, according to the agreement. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Plant Database can view the plant profiles of the Doel and Tihange facilities. (Reuters)

PIPELINES
Mountain Valley Pipeline Gets FERC Authorization to Resume Construction - Equitrans Midstream's (NYSE:ETRN) (Pittsburgh, Pennsylvania) long-delayed Mountain Valley natural gas pipeline received authorization on Wednesday from the country's energy regulator to restart construction of the project. "Mountain Valley has all necessary authorizations for the Mountain Valley Pipeline Project, ... therefore authorized to proceed with all remaining construction associated with the project," the U.S. Federal Energy Regulatory Commission (FERC) said. Subscribers to Industrial Info's Pipeline Project Database can click here for related reports. (Reuters)

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About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.

About Industrial Info
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).