Social Acceptability, The Next Big Challenge For The Oil Industry

Social Acceptability The Next Big Challenge For The Oil Industry

The social acceptability of a possible large-scale oil production in Quebec represent the next big challenge for the industry, believes the President of the Oil and Gas Association of Quebec (QOGA), Michael Binnion.

If he believes that oil exploration on Anticosti Island Harvesting of support within the population, Mr. Binnion believes that the situation could be quite different if the petroleum potential of this territory was to be confirmed.

“It will be difficult, of course,” says Michael Binnion. People have reasons for it. Impacts of production are more important compared to exploration.”

Who is also president and CEO of Questerre Energy arrived at this observation in the context of an interview for the next annual conference QOGA, which runs from 2 November in Montreal.

“There is no project without impact in the energy sector, says Binnion. Every form of energy has impacts and benefits. It should be transparent when we talk to people. ”

The president of the Association recognizes that Quebec oil industry still has work to do in this area.

“Our industry is not a communication, he observed. It is technical. It is possible for us to make a better job of communication.”

If it considers to the Anticosti exploration phase on receiving support from the local community, Mr. Binnion added that it should not be rushed, just putting forward a more “open” approach.

“People think that our industry maintenance is simple,” he said. It is not easy to direct impacts. Like others, our industry is run by humans. Accidents can happen. ”

When he announced the exploration on the island and an investment of $115 million in February, that the PQ government estimated at some 46 billion barrels of potential territory.

Quebec has signed agreements with the Petrolia Corridor Resources, Junex and French oil Maurel & Prom for the realization of two exploration programs that each business in two phases.

Although the price of oil has recently plummeted to compromise at some point in about 80 US dollars, Mr. Binnion believes that oil exploration on Anticosti Island remains attractive.

If ever the oil potential of the area is confirmed and the operation starts, the president of the Association hopes that Quebec will build Norway to establish a balance between economic benefits and environmental impact.

He likes to recall that the oil fund established by this country there few decades has many financial social programs.

“They (the Norwegians) have found a good balance, argues Mr. Binnion. They also developed new drilling techniques more responsible. I do not see why Quebec would do the same thing.”

The president also said AGPQ understands the output from the President and CEO of Gaz Métro, Sophie Brochu, who opposes the proposed TransCanada Energy East in its current form because it will decrease the transport natural gas to Quebec, resulting in a price increase.

“Producers do not talk to consumers,” he said. The provinces of Quebec and Alberta are each at the end of the line. ”

Ms. Brochu has particularly objected against TransCanada’s decision to convert a section of the pipeline between North Bay and Ottawa to build a new infrastructure for natural gas with capacity reduced by half.

If there are any regrets concerning the situation, the president of the Association said that revenues from the natural gas industry in western Canada increased from 50 billion in 2005 to 10 billion today.

“This is an industry that is going through a difficult period, says Binnion. Both parties should discuss to find a win-win situation.”

He declined to comment on whether TransCanada should modify its draft of 12 billion aimed at bringing about a million daily barrels of oil from Alberta’s oil sands to Quebec and New Brunswick.

“The local natural gas could be a solution to help Gaz Métro to cross the peak of winter, pleaded Mr. Binnion. The reserves of the United States are another thing, but it would require a proper infrastructure.”

User Rating: 5.0 (1 votes)
Sending