AP: West Virginia Signs $38.7 Billion Natural Gas Development Deal With China Energy

The Associated Press reported Thursday West Virginia officials announced an agreement on Thursday with China Energy Investment Corp. Ltd. for the company to invest $83.7 billion in shale gas development and chemical manufacturing in West Virginia over 20 years.

State Commerce Secretary Woody Thrasher and China Energy President Ling Wen signed the memorandum in Beijing as part of the US-China trade mission and an overall $250 billion of planned Chinese investments in the U.S. It during President Trump's visit to Beijing.

West Virginia commerce officials said project planning is already underway and will focus on power generation, chemical manufacturing and underground storage of natural gas liquids and derivatives. The state was chosen for its position as an energy producer and its large underground shale gas reserves.

Click Here to read the entire article.

NewsClips:

AP: West Virginia Signs Natural Gas Investment Pact With China Energy

West Virginia Announces $38.7 Billion Natural Gas Development Deal With China Energy

Federal Court To Hear Landowner Challenge To Delaware Watershed Fracking Ban

PA Attorney General Looking Into Fracking Problems Across The State

Group Challenging Drilling Law In Pittsburgh Suburbs

Plum Residents Divided Over Marcellus Shale Drilling Limits

Washington, Greene Counties Lead PA October Natural Gas Production

39 Western PA First-Responders Get Donation From Chevron

Waste Management Switching To Natural Gas In Wilkes-Barre

UGI Opens LNG Facility In Steelton

PUC Approves 6.3% Rate Hike For Philly Gas Customers

Shell Starts Construction On $6 Billion Ethane Plant In Beaver

EQT Gets Green Light To Close On Rice Energy Acquisition

Op-Ed: Proposed DOE Energy Rules Could Saddle PA With Billions

Op-Ed: Energy Mix Ensure Fuel Security And Rid Resiliency, DOE’s Perry

FERC To Decide On DOE Coal/Nuclear Plan Soon, Chairman Says

Editorial: DOE Should Abandon Coal, Nuclear Subsidy Plan

Texas Wind Power Pushing Gas Off The Grid, Like Gas Is Doing To Coal

[Posted: Nov. 9, 2017]


11/13/2017

Go To Preceding Article     Go To Next Article

Return to This PA Environment Digest's Main Page