WASHINGTON (WOWK) — U.S. Sen. Joe Manchin has, “secured a commitment,” from President Joe Biden, Senate Majority Leader Chuck Schumer, and House Speaker Nancy Pelosi to allow the Mountain Valley Pipeline (MVP) to be completed.
According to Manchin’s office, the commitment from Biden, Schumer and Pelosi will be used to pass legislation for the MVP to be completed and, “streamline the permitting process for all energy infrastructure.” This will be used from, “transmission to pipelines and export facilities.”
Manchin’s office says it will be voted on by the end of the fiscal year, which is Sept. 30.
According to officials, the MVP is already 94% complete and will, “[unlock] 2 billion cubic feet of natural gas per day.”
Manchin’s team says $1.2 billion will be used in additional investment to complete the project, it will take an estimated four to five months to complete, around 2,500 construction-related jobs will be used, $40 million will be seen annually in new tax revenue for West Virginia, and $200 to $250 million more per year in royalties for WV landowners.
The deal comes after Manchin and Schumer reached an agreement on the Inflation Reduction Act.