Thursday, December 13, 2018

Monroe County Shale Rail Project Gets $20 Million Federal Grant

From a press release:
The following press releases from certain members of Congress were recently released to announce a $20 million federal grant for rail and pipeline infrastructure improvements at the Long Ridge Energy Terminal, wholly-owned by Fortress Transportation and Infrastructure Investors LLC. 
Brown Announces $20 Million in Federal Funding for Monroe County Infrastructure Project 
Funds will Support Economic Development Efforts in Hannibal, Ohio 
Thursday, December 6, 2018 
U.S. Sen. Sherrod Brown (D-OH) today announced $20 million in new federal funding for the town of Hannibal, Ohio to invest in its rail transloading project. This funding will allow the Ohio Rail Development Commission to construct a railyard and pipeline facility in order to increase the Long Ridge Energy Terminal’s capacity and connect it to existing rail infrastructure. This will give the area’s energy exports, including natural gas, better access to global markets. Brown wrote to the Department of Transportation in July in support of this project. 
“When our rural communities have up-to-date infrastructure, it helps them grow and support local jobs,” said Brown. “This project will have a significant economic impact on Hannibal and across Southeast Ohio.” 
The project will construct a pipeline-to-rail transloading facility at an energy terminal including truck racks with unloading bays, ladder tracks connecting to the recently constructed loop track, and rail loading arms. 
The funding for the project was made available through the Department of Transportation’s (DOT) through the Better Utilizing Investment to Leverage Development (BUILD) Transportation Discretionary Grants program.
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