Business briefs

Pipeline proposed for airport land

VIENNA – Officials at the Youngstown-Warren Regional Airport are negotiating what is expected to be a $250,000 deal to allow natural gas pipelines to be run through part of the airport property.

The Western Reserve Port Authority, the board that oversees the airport, on Wednesday voted to authorize an easement with Halcon Resources. The pipeline would run from east to west along the airport’s southern property line.

Discussions are still under way, but likely would mean $25 for each of the 8,000 linear feet, $3,600 per acre for about 11.2 acres plus $10,000 to cover legal and engineering costs, airport Director of Aviation Dan Dickten reported to the board.

The project would require approval from the Federal Aviation Administration.

Shell seeks ethane for cracker plant

PITTSBURGH – Shell Oil Co. is seeking ethane suppliers for its proposed petrochemical complex in western Pennsylvania.

The company said in a statement Tuesday that it will accept bids through Oct. 4.

Shell is still a year or more away from making a final decision on whether to build the multi-billion dollar plant at an industrial site about 40 miles north of Pittsburgh. It holds an option to buy the property.

The company says securing enough ethane for the so-called cracker plant is a key step. The plant would convert ethane from Marcellus Shale natural gas into more profitable chemicals such as ethylene, which is used to make plastics, antifreeze and other products.

The Marcellus Shale extends below parts of Pennsylvania, Ohio, West Virginia and New York.