PITTSBURGH–(BUSINESS WIRE)–#EQM–Equitrans Midstream Corporation (NYSE: ETRN) and EQM Midstream Partners, LP (NYSE: EQM) support the U.S. oil and gas industry’s ongoing efforts to reduce methane emissions and; therefore, respectfully oppose the U.S. Environmental Protection Agency’s (EPA) proposed rollback of methane regulations.
“Americans have worked to increase production of our domestic oil and gas resources and provide safe transportation to supply our nation with reliable, cost-effective energy; and we believe methane controls and reduction should continue to evolve, rather than take steps backward,” said Diana Charletta, president and chief operating officer of Equitrans Midstream. “Our industry has made great strides during the past decade, with the U.S. EPA’s April 2019 inventory report showing total methane emissions are down 15.8% since 1990. While this is a good start, we cannot and should not be satisfied with this achievement. We must continue to push our industry forward in a meaningful way in order to effectuate real mitigation of climate change impacts.
“Methane is the most significant component of the gas that we move for our customers – from the point of extraction, to processing, and ultimately to business and residential consumers; therefore, we must be accountable and responsible for understanding, assessing, and improving our methane management practices,” Charletta continued.
ETRN and EQM acknowledge that it is not enough to achieve regulatory compliance on methane emissions in order to address the global impacts of climate change. They proactively pursue the implementation of best practices and recognize that reducing their overall carbon footprint and mitigating their operational impact is imperative for the sustainability of the environment, their communities, and their business.
As a member of the Interstate Natural Gas Association of America (INGAA), ETRN and other member companies work with regulators to ensure that natural gas pipelines, compressor stations, and storage facilities are designed and built safely and operate in ways that minimize methane emissions.
ETRN and EQM currently utilize various methane mitigation methods across their operations and are evaluating additional enhancement and mitigation efforts, such as: expansion of the Leak Detection and Repair (LDAR) program; pneumatic controller upgrades; recompression of pipeline gas prior to maintenance procedures; and upgrading existing stations with air or electric starts.
During the second quarter of 2019, ETRN joined the Environmental Partnership – a voluntary reduction program offered through the American Petroleum Institute and the ONE Future Coalition, which is a group of natural gas companies working together to voluntarily reduce methane emissions across the natural gas supply chain, with a goal to lower emissions to 1% by 2025.
Along with creating American jobs; generating local, state, and federal tax revenues; and growing the U.S. economy – the oil and gas industry continues to responsibly produce and deliver domestic energy resources in order to sustain our energy independence. ETRN and EQM urge the U.S. EPA to reconsider its proposed changes to methane emissions regulations.
About Equitrans Midstream Corporation
Equitrans Midstream Corporation (ETRN) has a premier asset footprint in the Appalachian Basin and is one of the largest natural gas gatherers in the United States. With a rich 135-year history in the energy industry, ETRN was launched as a standalone company in 2018 and, through its subsidiaries, has an operational focus on gas gathering systems, transmission and storage systems, and water services assets that support natural gas producers across the Basin. ETRN is helping to meet America’s growing need for clean-burning energy, while also providing a rewarding workplace and enriching the communities where its employees live and work. ETRN owns the non-economic general partner interest and a majority ownership of the limited partner interest in EQM Midstream Partners, LP.
For more information on Equitrans Midstream Corporation, visit www.equitransmidstream.com
About EQM Midstream Partners:
EQM Midstream Partners, LP (EQM) is a growth-oriented limited partnership formed to own, operate, acquire and develop midstream assets in the Appalachian Basin. As one of the largest gatherers of natural gas in the United States, EQM provides midstream services to producers, utilities, and other customers through its strategically located natural gas transmission, storage, and gathering systems, and water services to support energy development and production in the Marcellus and Utica regions. EQM owns approximately 950 miles of FERC-regulated interstate pipelines and also owns and/or operates approximately 2,400 miles of high- and low-pressure gathering lines.
For more information on EQM visit www.eqm-midstreampartners.com
Source: Equitrans Midstream Corporation
Nate Tetlow — Vice President, Corporate Development and Investor Relations
Natalie A. Cox — Director, Corporate Communications