MPP Announces NOHFC Funding (Video) to Study Advantages of Natural Gas
MARATHON, ON – Northern Ontario Heritage Fund Corporation (NOHFC) Chair, Thunder Bay – Superior North MPP Michael Gravelle was in Marathon this yesterday (03.15.2016) to share details of NOHFC funding being provided for 5 Northern Ontario communities to explore the potential benefits of LNG (liquid natural gas).
Thunder Bay-Superior North MPP Michael Gravelle
“This study will help ensure that the partner municipalities have the necessary information and recommendations to properly evaluate the economic development potential of LNG conversion. I’m pleased that our government’s investments in capacity building provide northern communities with the opportunities to explore new options and modernize.” Michael Gravelle, Minister of Northern Development and Mines and Chair of the NOHFC
Gravelle explained that an investment of $100,000 through the province’s Northern Ontario Heritage Fund Corporation (NOHFC), will allow 5 communities to participate in two-part study to determine the cost estimates, interest, technical requirements and economic and environmental advantages of liquefied natural gas (LNG) conversion. LNG is a natural gas that has been converted to liquid form so it can easily be stored and transported. LNG systems can provide a cost-effective alternative to other fuels.
“Funding from the Ontario government is supporting our goal of promoting economic development and diversification to strengthen our community and neighbouring towns, and make them a great place to live, work and play.” Rick Dumas, Mayor of Marathon
Participating communities are Wawa, Manitouwadge, Marathon, Terrace Bay and Schreiber.
Quick Facts
- Liquefied natural gas (LNG) is odorless, colorless, non-toxic and non-corrosive, and takes up about 1/600th the volume of natural gas in the gaseous state.
- LNG can be used to generate electricity, heat buildings, power drilling rigs, fuel marine vehicles and provide natural gas solutions to rural and remote communities.
- In the Thunder Bay-Superior North area, the NOHFC has invested over $107 million in 953 projects that have helped generate or retain more than 3,500 jobs since 2003.
- The NOHFC’s investments in northern community capacity building projects are part of the Ontario government’s Growth Plan for Northern Ontario.
