Murry Gerber, EQT chairman and chief executive officer and other company participants at the ceremony credited the Governor, Energy Secretary Len Peters, members of the General Assembly, local government officials and other Kentucky natural gas producers – including their own employees — for the success of the project.
Governor Beshear cut the ceremonial ribbon. This is a significant day for any Kentuckian who values energy independence and a strong state economy, Beshear said. Innovative companies like EQT are the kind of partners Kentucky needs to reach energy independence by 2025.
With the addition of Big Sandy’s natural gas capacity, an extra 130,000 Dekatherms per day of natural gas will ultimately be able to make its way from the eastern Kentucky mountains to Northeastern markets.
Our new pipeline will carry enough energy to heat more than 400,000 homes, or provide enough electricity for more than 1,000,000 homes, Gerber said. And that’s all U.S. energy, he said.
Big Sandy was a huge undertaking for EQT, but the truth is, we’ve been committed to success in Kentucky for many, many years, Gerber said. Natural gas reserves are the lifeblood of our company’s future, and almost half of our reserves are located in Kentucky.
