Appalachian Storage Hub what does it mean for my business?
Tom Gellrich TopLine Analytics
Previously we have looked at the growing Marcellus and Utica NGL production. The driving force behind NGL storage demand. We also examined reasons behind Federal Government support via DOE Loan Guarantees and the April 10th Presidential Executive Order. Mountaineer with blue chip financial backing is the leading the race with a site, preliminary engineering, DEP permitting and deep negotiations with both E&P and Downstream companies. Appalachian Development Group (ADG) has been invited to submit a Part II application for a $1.9 billion DOE loan guarantee. MPLX is looking into leveraging their existing site with pipeline interconnects, existing fractionation capabilities and an established site.
From an idea, we are rapidly moving to a reality. One or all of these may go forward in the next year. Who are the winners? The many local contractors. There is every incentive to use local contractors – tie into the community, knowledge of local business practices, lower cost than importing labor and companies. But what are the types of contractors that would be required? Here is a partial list of the direct contractors:
- Civil engineering
- Environmental engineering
- Hydraulic Engineering
- Directional drilling
- Truck, rail and barge handling station construction
- Building construction
- Electrical and control systems construction
- Compressor and pumping stations
- Propane and diesel fuel delivery
- Retention pond liners and construction
- Concrete and asphalt
- Aggregate and sand
- Landscaping and fence construction
- Steel and pipe
Seems like an extensive list? Billion dollar projects tend to be like that.
Find out more at the 3rd Annual Appalachian Storage Conference. Mountaineer and MPLX will be among the speakers. We also have AECOM a giant in infrastructure who has numerous global storage hubs lead experience, the Shell Falcon pipeline project and recently won the Shell cracker maintenance and repair contract.
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
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.