$1 trillion in cumulative GDP for the BC economy
BC’s abundant natural gas is creating a whole new industry. Environmentally-responsible liquefied natural gas can create $1 trillion in cumulative economic activity over the next 30 years – and generate thousands of jobs and billions of dollars in investment for BC businesses.
As many as 75,000 full-time jobs and 39,000 construction jobs: those are the big numbers that BC’s new natural gas industry is expected to generate in the years ahead. Liquefied natural gas is a brand-new commodity for British Columbia. We’ve always had a good supply of natural gas to help fuel our economy, but until recently, we had no capacity to sell it to markets overseas.
That is all changing with state-of-the-art, ever-changing technologies. Soon, we have the ability to cool natural gas to the point where it becomes a liquid, so that we can ship to markets around the world that are willing to pay more for this valuable resource. The financial impact from BC’s newest natural resource will also generate thousands of additional spin-off jobs in related areas: transportation, engineering, construction, and environmental management.
The first-ever liquefied natural gas facility in Canada is scheduled to open on BC’s central coast. In the near future. In the BC Jobs Plan, the Province set an ambitious goal of having three facilities in operation by 2020. Today, five facilities are proposed.
For more information, visit LNG in BC or read the updates, reports and strategies below.
|British Columbia’s Liquefied Natural Gas Strategy: One Year Update|
|Natural Gas Sector Report|
|Liquified Natural Gas Strategy|
Natural Gas Career Profile
Chris is well site supervisor in Dawson Creek, BC. He keeps the site running and BC’s LNG sector going. Natural Gas and Oil drilling are closely related and the expertise that Chris has at one site transfers to the next.
BC’s natural gas boom combined the liquifying of that natural gas (LNG) for shipment overseas is both good for the economy and better for the environment. Natural gas is an expensive and cleaner option compared to other fossil fuels like coal. Both extracting our bountiful reserves and the process of preparing it for shipment create innovative industries. This is good news for jobs in BC’s Northeast, and means great things for the future for those with the skills to join BC’s LNG boom. This CareerTrek story outlines the skills Chris needs to keep the boom going strong.