Here Is An Energy Conference Worth Going To
Cory
September 20, 2018
Josef Schachter, Founder and Editor of The Schachter Energy Report has become our go to energy expert in terms of the overall sector and individual companies. He is now putting on a conference in Calgary next Saturday September 29th. We discuss the companies that will be attending and why now is a great time to be closely following the sector.
Click download link to listen on this device: Download Show
Discussion
1 Comment
Sep 20, 2018 20:45 PM
Decision expected soon….
LNG Canada, a project led by Shell, will cost US$30 billion to build and will produce some 26 million tons of superchilled natural gas at peak capacity. It would also create thousands of jobs, Bloomberg reports, in infrastructure as well as in natural gas production. These are jobs that the industry desperately needs.
As of August, there were 74 gas rigs in Alberta and British Columbia, Bloomberg notes, citing data from RS Energy Group. That’s down from 180 at the beginning of 2015. If LNG Canada gets the nod of the consortium behind it, each new rig added could create up to 140 direct and indirect jobs, according to the head of a local industry player, Precision Drilling Corp. And that’s just the rigs for producing the gas. There are also liquefaction trains to build and operate, and an export terminal, and a network of pipelines.