Alberta benefits : economic impacts of northern gas pipeline construction

This paper describes the potential economic impact and benefits to Alberta from the proposed development of the Alaska Highway Pipeline (AHP) and the Mackenzie Valley Pipeline (MVP). It also includes a planning framework for business and industry in the province. Each proposed pipeline was evaluated separately. The paper includes a list of Alberta companies that stand to benefit from the construction of one or both pipelines. The main findings indicate that northern pipeline development will bring opportunities to Alberta business in design, construction and management. There will be a secondary impact on petrochemical industries and infrastructure. Both pipeline developments will increase employment and yield billions of dollars in gross domestic product. The existing oil and gas industry in Alberta will receive value-added opportunities in areas of specialized expertise such as natural gas and natural gas liquid storage, natural gas liquid processing, and gas to liquid technology projects. The industry will also benefit from power generation and cogeneration. The northern pipelines have the potential to improve the role of First Nations in economic development. Gas consumers in Alberta should benefit from a secure supply of gas and lower prices. refs., tabs., figs