Sat. 4:47pm: Shale petroleum terminal planned for Lordstown

LORDSTOWN – Plans for a $70 million oil storage and rail-loading terminal are in the works for Lordstown with the first part of the three-phase project expected to be complete in 2014.

A subsidiary of Houston-based Halcon Resources plans to build the terminal inside the Ohio Commerce Center industrial rail park along state Route 45 in Lordstown. The village’s board of zoning appeals this month approved a variance requested by property owner George Bakeris allowing construction of up to six tanks, each able to hold up to 90,000 barrels of crude or other petroleum-based products extracted from the Utica Shale Play.

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