Appalachia Gas Storage Hub Clears Hurdle

Jan. 10, 2018
An underground gas storage hub project slated for the struggling Appalachian region receives approval for the first of two application phases.

Backers of an underground natural gas liquids storage hub slated for the Appalachian region received some good news early in the new year. The Appalachia Development Group LLC, which is heading the project, gained approval for the first application phase for a $1.9 billion loan from the U.S. Department of Energy, according to an article from WHSV

The Appalachia Storage & Trading Hub is reportedly billed as a major job creator for the chemical industry in struggling Appalachia. According to the article, the American Chemistry Council estimates the facility could bring in up to $36 billion in new chemical and plastics industry investment and create 100,000 new area jobs. The large-scale project, years in the making, will reportedly require several more before it comes to fruition, says company CEO Steve Hedrick, with no timetable confirmed regarding the second phase of the application.

Read more about the project here.

Sponsored Recommendations

Heat Recovery: Turning Air Compressors into an Energy Source

More than just providing plant air, they're also a useful source of heat, energy savings, and sustainable operations.

Controls for Industrial Compressed Air Systems

Master controllers leverage the advantages of each type of compressor control and take air system operations and efficiency to new heights.

Discover Your Savings Potential with the Kaeser Toolbox

Discover your compressed air station savings potential today with our toolbox full of calculators that will help you determine how you can optimize your system!

The Art of Dryer Sizing

Read how to size compressed air dryers with these tips and simple calculations and correction factors from air system specialists.