Canadian Energy Research Institute Pacific Northwest as a Gateway to Asia Energy Export Opportunities Peter Howard President and CEO Canadian Energy Research Institute Pacific Northwest Gateway to Asia October 28, 2014…
Canadian Energy Research Institute Overview Founded in 1975, the Canadian Energy Research Institute (CERI) is an independent, non- profit research institute specializing in the analysis of energy economics and related environmental…
The Canadian Energy Research Institutes Recently Released and Pending Studies Relevant Independent Objective 3 www.ceri.ca
Western Canadas Energy Sector 2013 Expenditures: 63.8 billion 2013 Expenditures: 54.8 billion Royalties Royalties Wages Wages Production Production Operation and Maintenance Operation and Maintenance Construction…
LNG : not for the weak of heart Relevant Independent Objective 5 www.ceri.ca
LPG :Lost Opportunity Prince Rupert, BC Kitimat, BC Anacortes, WA AltaGas, PetroGas, Idemitsu (30,000 b/d) Port of Longview, WA Sage Midstream (47,000 b/d) Portland, OR Pembina (40,000 b/d) Relevant Independent…
Oil and Oil Sands Relevant Independent Objective 13 www.ceri.ca
WCSB Crude Oil: Where oh where should the oil go North, South, East or West OIL OIL OIL Relevant Independent Objective 14 www.ceri.ca
Kinder Morgan Edmonton Rail Terminal to expand to 250,000 bbls/day The continued interest in this facility, and additional volume being contracted for with this announcement, further demonstrates how important it is for our customers…
WCSB Crude Oil Equivalent Volumes vs Transport System Study 141 Oil Pathways (July 2014) 8,000 8,000 7,500 7,500 7,000 7,000 6,500 6,500 6,000 6,000 5,500 5,500 Volume (bbls/day) 5,000 5,000 4,500 4,500 4,000 4,000 3,500…
Oil Sands Forecasts and Economic Impacts (Sept. 2014) Economic Impacts for the period 2014 to 2038 Oil Sands bitumen production (upgraded and non-upgraded) is forecasted to grow from the current level of 1.98 million barrels per day…
WCSB Hydrocarbon Developments: Crude Oil / Bitumen, LNG, LPGs Investment opportunity, Employment, GDP growth, Taxes, Royalties HOWEVER The Gateway may be closing Relevant Independent Objective 18 www.ceri.ca
Canadian Energy Research Institute Thank you for your time Please visit us at www.ceri.ca Relevant Independent Objective 19 www.ceri.ca
2013 Facts about Canadian Crude Production: 2013/2008 Western Canada (AB,BC,SK,NWT) Conventional LIGHT Crude 694,775 bbls/day Western Canada (AB,BC,SK,NWT) Upgraded Bitumen 961,084 bbls/day Western Canada (AB,BC,SK,NWT) Condensate…
2013 Facts about Canadian Natural Gas, NGLs All volumes expressed as average day Production: Western Canada (AB) Marketable Natural Gas 9,740 mmcf/day Western Canada (BC) Marketable Natural Gas 3,759 mmcf/day Canada (other Provinces)…