CEO Clarifies: Bakken Midstream Is Not Proposing A Plastics Plant -- June 26, 2019

From The Williston Herald, an interview with the CEO of Bakken Midstream.

If unable to access that link, here's another, with the same information, from The Grand Forks Herald.

Hopkins, an entrepreneur who spent part of his career in Alberta, Canada, said he sees a lot of similarities between North Dakota and the circumstances in Alberta in the mid-1970s.

“All the same conditions. A big oil boom. Gas being produced in large volumes. A lack of gas infrastructure. Large flaring,” he said.

The province developed an industry to produce value-added natural gas products, including petrochemicals, instead of exporting raw commodities, Hopkins said. That allowed Alberta to dramatically reduce flaring, create jobs and a new tax base, he said.

“Alberta provides a good roadmap of what you could do with your natural gas,” Hopkins said. “Instead of being a captive exporter and flaring it, you could actually create a whole value-add industry.”

Hopkins declined to discuss any specific projects because the plans are still in development. Examples of projects Hopkins said are needed include gathering infrastructure, processing plants, storage facilities and transmission pipelines.

Bakken Midstream is not a petrochemical company and is not proposing a plastics plant, Hopkins said.

See this post from June 6, 2019, and this post  from May 22, 2019.