Canada: minerals. Oil and gas production in Canada

One of the five largest producer countriesenergy resources in the world, together with China, the United States, as well as Saudi Arabia and Russia, is Canada. Minerals and industry are the main strength of the country's economy.

Oil production in Canada

Canada is a rising star in the rankingworld producers and exporters of oil for many years. All minerals, oil, gas and others are the main strength of the Canadian economy and its wealth. Recently, there has been an increase in oil production in this country from the sands. By the way, not only these products are rich in Canada. There are a variety of minerals here: non-ferrous metals, iron, ore, precious metals, hard coal, various salts and many other things that are the real property of the country.

The reserve of oil production in Canada is about 180billion barrels owned by the state. Among all countries with oil reserves, Canada occupies an honorable third place. Oil production in Canada in general is in the world in second place (the championship holds Saudi Arabia). True, not everything is so simple, because most of the black gold is buried in oil sands. These minerals of Canada (oil, in particular) are developed with the help of very expensive and environmentally hazardous technologies with low profitability.

Canadian Oil Sector

Nevertheless, the production and consumption of oil in the country is steadily increasing. Minerals with the advent of new technologies began to be extracted much easier, and also more profitable from the point of view of the economy.

The companies of the oil sector passed a strategicrestructuring and consolidation, all of them are privatized. The sources of oil production in Canada are three whales: resources in the Western sedimentary basin, offshore minerals in the Atlantic Ocean and oil sands that are leaders in this three.

In the future development of mining, VT will playan important role is the eastern coastal province of Canada. The mature oil fields of Newfoundland and Labrador - the shelves of the east - promise to bring oil production in the first place to the first place.

Canada's oil exports

The owner of huge reserves, Canada, minerals exports mostly to the US. Almost 97 percent of liquid fuel exports go there annually.

Since the beginning of the new millennium, Canada has beenThe largest oil exporter in the US, occupying a third of this market segment. In addition, Canada has also entered the Chinese market. At the same time, since 2010, China has doubled the need for oil imports. Currently, Canada is much more than other countries to supply these resources to the Middle Kingdom and takes pride of place in the top ten most powerful oil exporters in the world.

Pioneer operator of industrial scaleCNOOC became the development plan for oil sands. Large firms engaged in the extraction of black gold, are a springboard for the development of new technologies. Chinese companies are investing heavily in developing oil fields and developing other energy sectors.

Pipeline systems in Canada

The oil production centers are connected by a systempipelines. The refineries and export centers in the eastern provinces are connected to the West and the US States by the largest pipeline system into a single network. In general, the CPC (Canadian Pipeline Companies) association transports oil by 3 million barrels each day. And from Western Canada, Montana exports two and a half million barrels of oil daily.

Only one pipeline network supplies rawoil. Her path begins in the city of Edmonton, then the resources pass through the processing and distribution points in Vancouver on the final route to Illinois. Companies that are operators of the export pipeline network constantly have projects for new ways of supplying resources. After the implementation of these plans, the speed and volumes of oil transfer from Alberta to the coast of Mexico will increase even more. In addition to black gold, Canada has other minerals.

Gas production in Canada

In terms of gas production, the country of the maple leaf isthe fifth place among the countries of the whole world. After Norway, Russia and Qatar, Canada takes the fourth position in the export of this product. Mineral resources are mined in the Western Canadian basin and on the shelves of the east coast, near the island of Newfoundland, as well as in Nova Scotia and the Arctic. Wide deposits of shale gas, methane, coal seams, gas tight reservoirs and other types of unconventional gases were discovered in Canada. Despite this, they are not yet sufficiently developed, in contrast to the United States. Five sedimentary basins, rich in deposits of this resource, are located in Canada. Three more potential shale deposits are located in Quebec, Manitoba and Nova Scotia. However, in these settlements, geological exploration is subject to regulatory and legal restrictions.

According to the National Energy Agency of Canada, two thirds of all Canada's gas was produced in the province of Alberta, the remaining third is in British Columbia.

Canada Gas Export

As well as other minerals, oil and almost all gas Canada sends to the United States. The bulk of the resource is exported via the pipeline.