CIAC PRESSES ALBERTA FOR TRANSPARENT NATURAL GAS LIQUIDS REPORTING
November 29, 2013
The Chemistry Industry Association of Canada (CIAC) made a written submission to Alberta’s Standing Committee on Resource Stewardship today, to make the case for more resource upgrading and value-added manufacturing in the province.
Given the push to find new markets for western Canadian natural gas – as eastern and southern customers seek out shale gas sources closer to home – CIAC noted that some shipments bound for offshore markets may bypass existing straddle plants. These plants are designed to extract and separate natural gas liquids (NGLs) – key raw materials needed by Alberta’s petrochemical industry.
In its submission, CIAC argues that reporting of NGLs at key collection points in northeastern B.C. and northwestern Alberta could allow western provinces to realize more value from Canada’s natural gas. Chemical production adds anywhere from five to 20 times the value to raw materials such as NGLs, and greater access to this feedstock would allow Alberta to expand its $13-billion chemistry industry.
To read CIAC’s complete submission to the Alberta Standing Committee on Resource Stewardship, click here.
The Chemistry Industry Association of Canada is the voice of Canada’s $47-billion chemistry sector. CIAC represents the interests of Canada’s leading chemistry companies – from petrochemical, inorganic and specialty chemical producers, to bio-based manufacturers and chemistry-related technology and R&D companies. Canada’s chemistry industry employs 87,000 Canadians directly, and supports another 435,000 jobs in the Canadian economy.