West Virginia’s presence on the world energy stage jumped significantly Thursday (Nov. 9) as China Energy Investment Corp. Ltd., one of the world’s largest energy companies and a long-time research and development partner of West Virginia University, announced an agreement that will bring $83.7 billion to the state.
“This investment by China Energy is the culmination of years of relationship building, both by West Virginia University and the state,” WVU President Gordon Gee said. “It is also an excellent example of the possibilities that we have been discussing within the West Virginia Forward initiative with our partners at the state Department of Commerce and Marshall University.
“As I have traveled the state talking about West Virginia Forward, I have frequently said we need a ‘quick win.’ In the economic development world, this is a nearly unprecedented big win. The agreement, and the ramifications from it, will help move West Virginia forward for years to come.”
West Virginia signs investment pact with China Energy, West Virginia Public Broadcasting
- $83.7 billion energy investment boosts state, The Dominion Post
- W.Va., China Energy sign $83 billion shale gas, chemical manufacturing agreement, The (Clarksburg) Exponent-Telegram
- West Virginia officials sign off on $83.7B China Energy shale deal during Trump visit , WCYB-TV
- China Energy, world’s largest power company, to invest $83 billion in West Virginia shale gas, The Washington Times
WVU energy official: West Virginia to be “entry point” to U.S. market for China
- Commentary by Hoppy Kercheval: West Virginia’s Big Deal with China, MetroNews
- WVU Energy Institute director calls MOU 'biggest single investment' in state history, The (Beckley) Register-Herald
- China gas deal with WV generates more questions than answers, The Charleston Gazette-Mail
- WV-China shale, chemical deal is a 'game-changer', The (Huntington) Herald-Dispatch
- Editorial: China deal sparks hope for state's economy, The (Huntington) Herald-Dispatch