U.S. Rep. Bill Johnson Expresses Optimism About Belmont County Cracker Plant

From The Intelligencer:
U.S. Rep. Bill Johnson urged patience as the region awaits official word on a proposed ethane cracker plant in Belmont County, and said the local project is moving faster than a similar one did in Western Pennsylvania. 
Johnson, R-Ohio, gave the keynote address at the Project BEST “Excellence in Construction” Awards Thursday at The Highlands Event Center in Triadelphia. 
He reminded those attending the project represents a $9 billion investment by PTT Global Chemical that would take six years and 10,000 construction workers to build. After this, there would be 1,000 permanent jobs at the plant, and many more expected in ancillary industries. 
The Shell Oil Corp. already is constructing a similar plant in Western Pennsylvania across the river from East Liverpool. 
“I am still very optimistic about this (Belmont County) project,” Johnson said. “Do I wish we already had a decision on it? You bet. But let me remind you. … The time frame of this project — the PTT Chemical Project — is faster and at a point in time quicker than Shell’s was.
Continue reading by clicking here. 

Popular posts from this blog

The Second Largest Oil and Gas Merger - Cabot and Cimarex

Is a Strong Oil Demand Expected This Year?

Pennsylvania Operator To Acquire Three Natural Gas Producers