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Natural gas

Nova Scotia Premier Promotes Energy Sector in UK and Italy

Strategic Insights

— 1 min read

Nova Scotia Premier Tim Houston is leading a trade mission to the United Kingdom and Italy to promote the province's energy sector and opportunities for offshore natural gas exploration and development. The four-day mission includes meetings with executives of leading energy companies, as well as a speech at the World Energies Summit in London. The summit is a leading international event accelerating sustainability and the global transition to clean energy. Premier Houston is confident that Nova Scotia can offer energy companies a competitive advantage, citing the province's proven oil-and-gas-rich reserves, strategic location, and skilled workforce.

Key Takeaways:

  • Premier Tim Houston is leading a trade mission to the UK and Italy to promote Nova Scotia's energy sector and offshore natural gas exploration and development.
  • The four-day mission includes meetings with executives of leading energy companies and a speech at the World Energies Summit in London.
  • Nova Scotia has proven oil-and-gas-rich reserves and a skilled workforce, making it an attractive destination for energy companies.
  • The Province has had successful offshore natural gas projects, including the Deep Panuke Offshore Gas Project and Sable Offshore Energy Project, which created hundreds of jobs and generated billions of dollars.
  • The Province has opened a call for bids for offshore natural gas exploration and development across 13 shallow and deep-water parcels in the Sable Island area.
  • Premier Houston believes that developing offshore natural gas can unlock significant economic opportunity for Nova Scotia, including good-paying jobs, growth for local businesses, and long-term investment in communities.

Statistics:

  • Nova Scotia's offshore energy regulator has opened a call for bids for offshore natural gas exploration and development across 13 shallow and deep-water parcels.
  • The Province has had successful offshore natural gas projects, including the Deep Panuke Offshore Gas Project and Sable Offshore Energy Project, which created hundreds of jobs.
  • These projects have generated billions of dollars that were invested in schools, hospitals, roads, and fueled the provincial economy for over 20 years.
  • Nova Scotia has proven oil-and-gas-rich reserves and a skilled workforce, making it an attractive destination for energy companies.

Sources:

  • Premier's Office - Nova Scotia Government [No date]
  • "Nova Scotia Premier Promotes Energy Sector in UK and Italy" [No date]

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