The Right Solution For Growing Energy Needs
Demand for natural gas is growing in Oregon and across the Pacific Northwest. Utilities need it to supply their electricity generating plants, and Oregonians rely on it to heat their homes and business. Almost all natural gas currently used in Oregon comes from Canada and the Rocky Mountain states, but Canada is reducing exports and the Rocky Mountain region is sending more gas elsewhere. Based on current trends, Oregon will need new supplies to meet the future needs of its residents, industry and economy.
Oregon LNG’s liquefied natural gas import facility will help meet this demand by providing communities, utilities and industries with a reliable, clean energy supply.
Advantages for Oregon
By importing LNG, Oregon’s natural gas market will become more competitive and help alleviate the rising costs of natural gas. Currently, 42 percent of Oregon’s electricity is generated by coal-fired plants.* Using additional natural gas resources to generate electricity could help reduce CO2 emissions.
Other benefits include:
- $1.3 billion investment in the local and regional economy
- 50 to 75 family wage jobs
- 500 construction jobs over a three-year period
*Source: Oregon Department of Energy, Biennial Energy Plan: Oregon’s Energy Supply and Demand.
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