PTT Global America signs deal for natural gas liquids storage facility
Friday, July 24, 2020
PTT Global Chemical America has signed an agreement to develop a natural gas liquids storage facility to serve its proposed $6 billion ethane cracker in eastern Ohio, according to Kallanish Energy.
The company made the announcement Wednesday.
The deal is with Energy Storage Ventures LLC through its wholly-owned subsidiary Mountaineer NGL Storage, who will develop an ethane storage facility to hold 3 million barrels of ethane and other liquids in underground salt caverns at a 200-acre site in Ohio’s Monroe County.
Learn more: Kallanish Energy > PTTGCA signs deal for underground liquids storage in Ohio
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