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Originally Posted by logan5
That would be a slap in the face to British Columbia. Extract natural gas in NE BC, run the gas through pipelines in BC, then ship it from the west coast of BC, while the high paying corporate jobs are in Calgary. I hope the provincial government will be putting pressure on Petronas and others to have a large corporate presence in Vancouver. We're giving them a nice tax break only to have them outsource jobs to Alberta?
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Not to worry
The serious LNG proposals are all consortiums of existing foreign energy companies... some with Canadian subsidiaries. They will (or have) incorporate new LNG companies to build and operate the plants, which for the most part will be HQ'd in Vancouver. Plus much of the engineering will be done in field offices in Vancouver and on site. Another good thing is that the financing for the plants is foreign, so LNG may bring much needed foreign investment into Canada's oil/gas industry, which has softened recently.
Almost all the jobs for construction and on-going operations/administration are BC based (although expect some fabrication to take place in Asia and it is unknown how many foreign workers will be involved). The provincial government will also get a boost in revenues from increased gas royalties
Of course Alberta will also benefit. Alberta is the centre of the nations energy industry. Engineering, designing/building/operating pipelines, drilling and servicing thousands of wells etc... Even Toronto will benefit through the financial aspects.
Most insiders are saying 3-4 plants are likely to be built. So the groups with existing experience and expertise with LNG infrastructure, shipping, relationships with large asian buyers and financing are most likely to proceed.
I'm just not sure about all that fracking...
Here is a snippet from the Pacific Northwest LNG (owned by Petronas 62%/Sinopec 15%/JAPEX 10%/Indian Oil 10%/PetroleumBRUNEI 3%) backgrounder:
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Pacific NorthWest LNG could create significant potential for northwest B.C. What would it mean economically for the province?
• 330 local, long-term careers operating the facility. Pacific NorthWest LNG is planning a training program for local workers to become facility process operators, which comprises at least one third of the workforce needs at the LNG plant.
• Approximately 300 spinoff jobs to support facility operations in the local service sector.
• 130 careers at Pacific NorthWest LNG’s Vancouver office.
• Up to 4,500 jobs during peak construction.
– Workforce needs during construction include trades people, labourers and trades helpers, heavy equipment operators, truck drivers, engineers, managers and support staff.
• Once in operation, Pacific NorthWest LNG will contribute more than $1 billion annually to federal, provincial and municipal governments in various taxes and royalties.
– In comparison, the provincial government collected a little over $600 million in royalties from the forest industry in 2013.
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