Fortunately, per prior post wk or more ago: Suitable site for large NG liquid storage, about 50 -60 miles from here is moving forward for construction to begin early next year in Ohio Country right across the river from NW West Virginia. That keystone will make possible siting of petrochemical plants
<MPLX VP Says We Need NGL Storage, and We Need it NOW
August 12, 2019 Uncategorized
Some interesting comments by Jim Crews, vice president of northeast business development for MPLX (formerly known as MarkWest Energy), during a presentation he gave at the Independent Oil and Gas Association of West Virginia’s (IOGAWV) Summer Meeting last week. Crews said lack of natural gas liquids storage is a crisis (our words, reflecting his sentiment). And we need storage not only here in the Marcellus/Utica region–but across the country. “We’re out of storage,” he said, and “Cargoes are just being given away.”>
marcellusdrilling.com
Beautiful new MPLX (MarkWest) natural gas fractionalizing & processing plant (the largest in America, BTW...)) is ideally sited only 40 miles northeast of here in Doddridge County, WV.
Scale of NG infrastructure buildout world wide dwarfs long term cap ex. on any other energy source and continues to grow very rapidly. Big big bull market folks.
Long, strong & enjoyin' the ride,
Isopatch |
