WV Advances Bills to Attract NGL Hub, Cracker Plant, Downstream
The West Virginia House of Delegates Finance Committee approved two bills yesterday that would create two new tax credits. The aim is to boost more development in the natural gas industry in the Mountain State. One bill, House Bill (HB) 4421, is meant to attract a natural gas storage hub and an ethane cracker plant to the state. The other, HB 4019, is meant to attract "downstream" natural gas manufacturing facilities. Both bills now go to the full House for a vote.
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