Appalachian NGL Storage Hub Enters Phase 2 – Built in 2-3 Years?

Last week MDN friend and ace reporter Rick Stouffer from Kallanish Energy hosted a one-day event in Pittsburgh called “Kallanish New Horizons: Appalachin Basin.” One of the speakers was Denise Brinley, senior energy advisor for the Pennsylvania Department of Community & Economic Development. She addressed the topic of an NGL (ethane) storage hub. We've written a number of posts on what was originally billed as a $10 billion project, to be located somewhere in the Marcellus/Utica region--most likely West Virginia (see Is the Appalachian NGL Storage Hub Close to Reality?). Brinley tossed out some numbers last week that are different from (contrary to) numbers we've seen in the past. For example, she says the facility will cost $2.5 billion to build, not the $10 billion number we've seen quoted so often. She also said said such a facility will open in 2-3 years, which is the first time we've seen any potential time frame pegged for building it.

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