The Maritimes Energy Association’s - Information Session:
Natural Gas Supply in the Maritimes – 2020 and Beyond.
Event Description -
Natural gas is recognized as the world’s cleanest burning fossil fuel. Today in North America, natural gas is considered the transition fuel to a lower carbon market. The era of natural gas use in New Brunswick and Nova Scotia began in 1999 when ExxonMobil Canada’s Sable Offshore Energy Project (SOEP) began flowing gas into the then newly constructed Maritimes & Northeast Pipeline (M&NP). Corridor Resources (onshore) and EnCana’s Deep Panuke Project (offshore) subsequently added incremental natural gas production in the Maritimes.
The development of the natural gas industry has provided significant jobs and economic benefits to the Maritimes, providing a reliable source of natural gas supply at affordable prices in an increasing competitive market. Synergies to cut carbon emissions and back up our energy needs with a cleaner burning fuel has made natural gas a good complement to our renewable energy and climate change initiatives. With SOEP’s decommissioning processes well underway, and Deep Panuke to begin at some near point, there is a level of uncertainty regarding New Brunswick’s and Nova Scotia’s natural gas future.
What does this mean to the customers who use natural gas today and what will it mean to them and new customers in the future?
What does the future comparative and competitive pricing look like for natural gas?
Will natural gas storage help to mitigate price volatility for tomorrow?
The Atlantica Centre for Energy continues to believe that New Brunswick must develop its onshore shale resources to remain competitive and viable. Similarly, the Nova Scotia Department of Energy and Mines recently released its Onshore Petroleum Atlas which showcased a potential silver lining, but as we’ve seen - onshore natural gas development is not without controversy. Reaction has been swift, with voices either denouncing or promoting the need to revisit the legislation in place that installed a moratorium or bans hydraulic fracturing in New Brunswick and Nova Scotia.
The Maritimes Energy Association has been supportive of all energy related activities that provide net incremental jobs and economic activity whether offshore or onshore; renewable/cleantech or non-renewable; domestic or export market focused.
Please join us for the next step of this important discussion: On Thursday, November 15, 2018, The Maritimes Energy Association, in partnership with several key stakeholders will sit down to discuss the issues and the future of natural gas in New Brunswick and Nova Scotia - 2020 and beyond. We invite you to attend as we delve further into the subject by enabling robust dialogue on the challenges and opportunities for the future. A question and answer (Q&A) session will follow the panel discussion.
- General Manager, Enbridge Gas New Brunswick – Gilles Volpe;
- Director, Maritimes & Northeast Pipeline – Mike Whalen;
- Marketing Director, Portland Natural Gas Transmission System- Cynthia Armstrong
Strategic Accounts and Marketer Services, Union Gas and Storage, Max Hagerman
Moderator – President, Atlantica Centre for Energy, Colleen Mitchell
This conversation is an important one, and we hope to see you there!
Date: Thursday, November 15th, 2018
Venue: Crowne Plaza Moncton Downtown, 1005 Main Street
Time: 10:00 AM– 1:00pm
Doors open at 9:30 am
Buffet luncheon to be served
Panel to begin sharply at 10:10am