For nearly a year now natural gas from our Sable Offshore Energy project has been flowing through a pipeline to Massachusetts. In the past few months we have been shipping the equivalent of 20 to 25 per cent of the natural gas consumption in all of New England. When you turned on your hair dryer or your razor or your toaster this morning, there is a good chance at least some of the energy came from our natural gas. And, I believe our close energy relationship will only get closer in the future. As many of you know, the demand for this cleaner, more environmentally friendly, flexible fuel source is rising.
Natural gas is now the fuel of choice in New England.
But the long term conventional sources of this fuel are declining. That's where Nova Scotia comes in. Our supply of natural gas is increasing - and set to rise even more in the coming decade and beyond. The magnitude of our expected growth is significant. Here's the reason for the new found interest and enthusiasm.