A green light for the $700-million Deep Panuke offshore natural gas project could mean millions of dollars for John Scott’s Dartmouth diving business.
"We definitely hope to get something from it," said the business development director of Dominion Diving.
The company plans to closely watch the review of EnCana Corp.’s plan to bring gas from fields about 250 kilometres southeast of Halifax to landfall at Goldboro and then deliver it to markets in Atlantic Canada and the energy-hungry U.S. northeast.
Government regulators will spend the next two weeks hearing evidence from the Calgary energy giant and about 44 interveners at the Halifax Marriott Harbourfront hotel. Hearings get underway today at 10 a.m.
EnCana filed its development plan for Deep Panuke in November to kick-start the offshore project, considerably downsized from the one that was originally predicted five years ago.
Dominion Diving hopes to get work laying the subsea pipelines along the ocean floor during the construction of the project, expected to begin in 2009 for its in-service date of 2010.
1 comment:
The results from the new natural gas facility is going to be great for the Nova Scotia’s economy, bringing in millions in royalties, and creating many new jobs. However, hopefully this money is ‘put to a good use’, with only up to 18 year of expected production, the natural gas at this site in going to run out in my life, and once this reserve is empty, Nova Scotia may be in a bind. Therefore, this is the Nova Scotia governments’ opportunity to start building for the Nova Scotians future, so we do not have to be dependent on natural gas and oil. Programs should begin to start searching for regions where energy could be harnessed by renewable sources, like hydro and wind. Otherwise, if the N.S. government dose nothing to prevent the inevitable I can see the same problems occurring in the future, with Nova Scotians continuing to be the Canadian paying the highest amounts of money for gas, which we shouldn’t be!
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