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Last week’s big announcement of a potential $83.7 billion investment from a China-owned energy company for shale gas and chemical manufacturing projects in West Virginia — assuming any or part of it comes to fruition — signals things will be different in West Virginia.

The potential investment and the new manufacturing, jobs and revenue that could come with the memorandum of understanding signed between China Energy and the West Virginia Department of Commerce would be a huge boon for a region that could use a big economic boost.

Charleston, W.Va. (November 9, 2017) – Anne Blankenship, executive director of the West Virginia Oil & Natural Gas Association (WVONGA), issued the following statement today following the announcement by the West Virginia Department of Commerce that China Energy Investment Corporation Limited will invest $83.7 billion in shale gas development and chemical manufacturing projects in West Virginia:

“WVONGA is thrilled to learn about the $83 billion investment to be made in West Virginia by China Energy. The investment will support the growth and development of natural gas end uses for which we have been advocating for many years.   

Natural gas powered electric generation facilities, natural gas liquid storage, and the petrochemical manufacturing industry have all been part of our policy initiatives and we are excited to hear that a huge investment is planned to further those developments. 

By creating additional uses for the enormous amount of natural gas that we are sitting on in West Virginia, and using those resources here, we not only grow our natural gas industry, we grow the manufacturing industry, jobs and state revenue.   

West Virginia is primed for this development.  We have one of the largest natural gas fields in the world, a strong work-force, proximity to a large portion of the nation’s population, and a rich history in manufacturing.   We are ready.” 

CHARLESTON, W.Va. — The state Department of Commerce announced overnight an agreement with China Energy to invest $83.7 billion in shale gas development and chemical manufacturing projects in West Virginia.

Gov.Jim Justice touted it as the largest private investment in West Virginia’s history.

The agreement was the biggest among several deals signed during President Donald Trump’s state visit to Beijing. The total value of the deals done during Trump’s trip could be as much as $250 billion, Reuters reported.

Charleston, WV (November 1, 2017) – Encouraging and mentoring women in the oil and natural gas industry is the goal of the West Virginia Oil & Natural Gas Association’s (WVONGA) 4th Annual Embracing Energy Conference, to take place in Charleston November 9-10, organization representatives announced. 

“This event will bring together women in the oil and gas fields, as well as those interested in working in this industry, for education and networking,” said Anne Blankenship, executive director of the West Virginia Oil & Natural Gas Association.  “There are many opportunities for career growth and development in the energy sector and I would encourage anyone interested in learning more to attend this conference.” 

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