COVID-19 Updates: Taking steps to return to normal.
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COVID-19 Updates: Taking steps to return to normal.
Government is charting a new, diversified future for the natural gas sector.
Alberta’s Natural Gas Vision and Strategy lays out a plan for Alberta to become a global supplier of clean, responsibly sourced natural gas and related products, including hydrogen, petrochemicals and recycled plastics. The strategy shows the government’s actions to support the long-term growth and strength of the industry on its way to being a global competitor across multiple sectors.
Canada is among the world’s top 5 producers of natural gas, with about two-thirds of this production coming from Alberta. The industry employs tens of thousands of Albertans and has the potential to generate billions of dollars each year in revenue. Alberta is also well positioned to expand into new and exciting areas for growth in the natural gas sector.
A healthy and competitive natural gas sector is vital to the jobs and prosperity of all Albertans, and can play a major role in helping meet the growing global demand for sustainable energy. New ways to get the most value out of our natural gas reserves can help diversify our energy sector and help Alberta’s economic recovery.
Support for the strategy includes;
There are 5 sectors of the natural gas industry that have great potential for growth which are highlighted in the strategy: petrochemical manufacturing, hydrogen, Alberta industrial demand, Liquefied Natural Gas (LNG) and the plastics circular economy. In each sector, the Alberta government has set a goal for the future.
Alberta becomes a global top 10 producer of Petrochemicals, and expands and diversifies the current portfolio of products manufactured.
Large-scale hydrogen production with carbon capture, utilization and storage (CCUS) and deployment in various commercial applications across the provincial economy by 2030. Exports of hydrogen and hydrogen-derived products to jurisdictions across Canada, North America, and globally are in place by 2040.
Intra-Alberta demand for natural gas and natural gas liquids grows with increased investment in midstream natural gas processing infrastructure. Natural gas transmission and distribution infrastructure additions occur faster, improving industrial performance and growth.
Alberta’s natural gas has access to Asian and European markets through 2 to 3 additional mega LNG projects by 2030.
Alberta is established as the Western North America centre of excellence for plastics diversion and recycling by 2030.
Alberta’s Investment and Growth Strategy supports recovery efforts to drive new investments into our key industries and emerging sectors that will ultimately lead to more jobs for Albertans.
Connect with the Natural Gas Branch:
Hours: 8:15 am to 4:30 pm (open Monday to Friday, closed statutory holidays)
Address:
Alberta Energy
Natural Gas Branch
6th Floor, North Petroleum Plaza
9945 108 Street*
Edmonton, Alberta T5K 2G6
*Courier, please report to the 2nd floor.
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