Semen is not made or stored in the penis, it's within the scrotum. And no, that doesn't mean that the bigger the scrotum, the more semen is made. A man has more output when he's younger, in the years when conceiving children is right, and then less as he ages.
So having a bigger abdomen means you can shoot bigger loads? Awesome. :D
Most of the semen volume is produced by the prostate gland and the seminal vesicles which are inside the abdomen.