We can see production in excess of 2 billion cubic feet of gas a day. That s equal to all of New England s current daily natural gas consumption. Where all that gas eventually goes, how its developed and where it all fits in with Nova Scotia s priorities is part of another important process we have underway. We are beginning to revise our energy strategy. The world has changed significantly since we last did the job more than a decade ago.
Electrical markets are more open.
We have privatized our electrical utility. It is now part of Emera a local energy company with interests in electricity, the Maritimes Northeast Pipeline - and has just purchased an electrical utility in Maine. Most recently they partnered with Pengrowth and PanCanadian to win the bid for Nova Scotia Resources Limited. Electrical generation opportunities are growing along with natural gas. Opportunities for Nova Scotia to provide electricity for export.