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Think “Trinidad and Tobago” and the images that come to mind are probably Caribbean beaches and carnivals. And that explains why these beautiful islands are such an attractive tourist destination.
But this small country is also a powerhouse in liquefied natural gas (LNG) – hosting one of the western hemisphere’s largest gas-processing plants, providing nearly three-quarters of all of the United States’ LNG imports, and ranking sixth among global exporters. As a result, its people earn among the highest incomes in their region.
Trinidad and Tobago is living proof of the compatibility of responsible resource development with a healthy natural environment. And here in BC we have a similar opportunity to have a world-leading LNG industry that will fit seamlessly into our own spectacular natural environment.
Seizing that opportunity will create huge amounts of both new employment, much of it in construction, and public revenues. And that means stronger and more prosperous communities, and improved quality-of-life for British Columbians and Canadians.
What would make the biggest difference to you: More business opportunities? Better com-munity centres and libraries? Improved health care, education and other services? Paying less tax? All of these?
There’s a direct line from LNG investment in BC to these and other benefits, including globally important environmental benefits. Natural gas is the cleanest-burning fossil fuel, producing half the greenhouse gas emissions of coal, and liquefaction facilities in BC would operate under world-leading environmental standards.
This is among several unique advantages that could vault our province into global leadership in LNG markets.
The LNG industry is potentially one of the best things to ever happen – for individual British Columbians, for coastal and other communities, and for our province. What we need now is to pull together and quickly begin getting LNG projects from proposal to production.
Pacific NorthWest LNG is a proposed liquefied natural gas (LNG) export facility on Lelu Island. The facility would export natural gas produced in northeast B.C.
Benefits of the project include:
• Up to 330 direct operational long-term jobs
• Approximately 300 local spin-off jobs
• Up to 4,500 jobs during peak construction
• Contribute up to $1.3 billion annually to federal, provincial and municipal governments in various taxes and royalties
PNW LNG has completed the most comprehensive study of the marine environment around Lelu Island to date. The result of the study found that fish and fish habitat would remain healthy and Flora Bank would remain stable.
The study included:
• 100,000+ hours of scientific engineering studies
• 1,000+ days of research on and around Lelu Island
• 365+ days of detailed fish surveys
• Comprehensive 3D modelling of weather and sea conditions on Flora Bank
PNW LNG is committed to responsibly construction and operating a world-class LNG facility. Their environmental protection plan and procedures would ensure the project is constructed and operated safely and responsibly.
Some of the procedures PNW LNG would implement during construction include:
• Independent environmental monitors
• Qualified marine mammal observers for in-water construction
• Monitoring Flora Bank for possible changes with local First Nations
• Monitoring the extent and density of eelgrass beds
• Ongoing fish and marine mammal monitoring program with local First Nations
• Adapting construction timing windows and mitigation based on fish and wildlife migration patterns
Decisions to invest private capital are where economic growth and prosperity begin, and an LNG industry in BC would be built on potentially massive investment.
These are just some among the many direct skill requirements during the construction and operations phases of an LNG project; as well as some of the resulting spin-off opportunities, which would be widely dispersed around the province. (Source: Proponent materials and government assessments)
With no LNG export capacity now, we sell all our natural gas to the United States. And since it has its own growing reserves, the price is low. Better market access could significantly increase the return British Columbians and Canadians get from their resource. Natural gas is BC’s only resource export sold to a single market.
Specially designed LNG cargo ships have covered more than 240 million km on global shipping routes over the past 50 years, with one of the best safety records of any industry. So we can be confident the exceptional benefits of an LNG industry won’t come at the cost of maritime risk.
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