Value for British Columbia, energy for the world
In 2009/10, the natural gas sector generated $1.35 billion in revenue for the province, accounting for over 50% of B.C.’s total resource revenue. LNG Canada’s proposed project would make a significant contribution to the regional, provincial and national economy. The LNG Canada project would rank among the world’s most technologically innovative LNG facilities.
LNG Canada’s proposed LNG facility would provide broad-based local and regional benefits as well. The gas that is transported and exported would be from Northeastern B.C. and the Western Sedimentary Basin – further enhancing value to the B.C. government through its royalty structure.
Stimulation of the energy sector
LNG Canada would provide Canada access to the fast-growing Asia-Pacific and other global markets, and would strengthen British Columbia and Canada’s position as a global energy producer and exporter. It would also stimulate B.C.’s energy industry over the long term, resulting in the development of associated services and supplies in the region.
Employment and procurement opportunities
LNG Canada will hire locally, and use local services and suppliers as a priority, provided they meet project requirements. It is estimated that the project will create thousands of jobs during construction and hundreds of full-time, permanent jobs during operations.
First Nations economic engagement
LNG Canada will consult with First Nations communities that are directly impacted by the project – on the site and along the shipping channel – to build an ongoing relationship and address project impacts and mitigation, and work together to provide opportunities for employment and economic development.