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. 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: 4rd Annual Appalachian Storage Conference
August 27, 2020
Hilton Garden Inn
Southpointe, Canonsburg, PA
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.