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British Columbia’s oil sands

January 27, 2013

The vast quantities of natural gas discovered in B.C.‘s north-east corner represent that province’s oil sands- a vast resource that will generate untold economic wealth over a period of decades.

The Canadian Energy Research Institute (CERI) has published a comprehensive 120 page paper that explains the whole amazing story of BC possibly exporting LNG to Asia.

Commentary

In the next few years construction activity will start and continue for BC pipeline and LNG facilities at Kitimat and Prince Rupert. The billions of dollars of investments will create a total of 944,500 jobs (person-years) in Canada, mostly in BC, according to CERI. Call it a mini-oil sands boom for British Columbia.

Sources

a)http://www.ceri.ca/images/stories/2012-08-14_CERI_Study_129_Part_III.pdf

example1

Source: Safety by design, http://www.kitimatlngfacility.com/Project/safety.aspx (accessed on July 22, 2012)