The benefits are numerous and have a considerable and long-term impact a region, as demonstrated by the success in existing global storage hubs in fostering investment and growth.
Mont Belvieu storage hub on the U.S. Gulf Coast is an example. They are in use globally such as in Rotterdam, Netherlands, Singapore and Al Jubail Saudi Arabia. There are many others globally, which have been in operation for decades.
A storage hub is essentially a pooled resource for both producers and consumers of materials. This reduces total capital investment by spreading risk among a number of stakeholders.
It reduces the hurdle for new producers or consumers – increasing the attractiveness for new investments. The American Chemistry Council (ACC), which has done numerous studies of the downstream impact of shale gas on North America, quantified what those investments might mean to the region.
Find out more at the 3rd Annual Appalachian Storage Conference. MPLX LP which recently announced it is evaluating underground NGL storage caverns at its Hopedale, Harrison County Ohio complex, will be one of the speakers at the 3rd Annual Appalachian Storage Hub Conference. Mountaineer Storage will be updating the audience about its storage hub in Monroe County near Clarington, Ohio.
You cannot afford to miss this opportunity to learn exactly what these two companies are planning. There is much more including the DOE expanding on their November 2018 report, loan guarantee, and the April 10th Executive Order.
Appalachian Storage Conference III
June 6, 2019
Hilton Garden Inn
Southpointe, Canonsburg, PA
Why you need to attend:
The Appalachian Storage Hub Conference is the only conference focused exclusively on the THE regional economic infrastructure platform of the decade. Shape the future and establish relationships with those driving this mega project.
Seating will be limited. Don’t wait to register.