Shortfall in skilled workers imperils Canada's west coast LNG boom

|By:, SA News Editor

Billions of dollars in British Columbia liquefied natural gas investments are at risk as the province faces a shortfall of ~12K skilled workers, according to Reuters' projections.

More than a dozen LNG export terminals are being considered for the Pacific coast province; among those is a project by Royal Dutch Shell (RDS.A, RDS.B), but the president of Shell's U.S. subsidiary says he can't move the project forward "until there's some clarity on workforce issues and labor availability."

B.C. plans to address the gap by sharply boosting training, more than quadrupling intakes for certain trades, but it may not be enough in some key roles; foreign workers could ease some of the strain, but Canada has clamped down on its controversial temporary foreign worker program.

Chevron (CVX) and Apache (APA) also are contemplating a major LNG export project in B.C.