Important Facts

Proven Safety Record

• For over 60 years, there has not been an accident involving liquefied natural gas that has affected a member of the public anywhere in the world.
• With more than 45,000 tanker voyages undertaken since liquefied natural gas was first transported by sea, no member of the public has been injured or killed as a result of an incident or accident involving the shipping of liquefied natural gas.
• With more than 45,000 tanker voyages undertaken, there has never been a major spill.
• All ships calling on Bradwood Landing will have double hulls – more than six feet thick – and navigation plans approved by the U.S. Coast Guard.
• There has never been an incident anywhere in the world where liquefied natural gas has escaped into the water from a ship’s cargo tanks.
• Liquefied natural gas cannot explode or burn because it contains no oxygen to react with the fuel, nor is it under pressure when it is transported or stored.
• An appropriately sized safety-zone will be established for all ships to ensure safe river navigation and minimal impacts on other river-users.
• Storage tanks at Bradwood Landing will be “Full Containment”, meaning double-walled – tank within a tank – with an inner 9% nickel steel tank surrounded by a reinforced concrete secondary tank with walls up to two feet thick and a domed concrete roof.

Environmentally Friendly

• Clean-burning natural gas has is the most environmentally friendly fossil fuel available.
• Compared to gasoline or home heating oil, liquefied natural gas burns at a lower temperature and will require no product clean-up in the environment if it were to spill.
• Natural gas is a highly efficient source of energy with about 90% of gas produced delivered to customers as useful energy.
• Bradwood Landing will occupy 55 acres of a 420 acre site on land already zoned for marine industrial use.
• Bradwood Landing will work to protect and enhance the local environment, including estuary and forest habitat restoration at Hunt Creek
• Bradwood Landing will meet or exceed Oregon Department of Environmental Quality (DEQ) air standards.
  
  

Funding Local Schools, Services

• Bradwood Landing will significantly strengthen the tax base for local schools and other government services important to the community.
• Once built, Bradwood Landing will pay millions a year in local property taxes and port fees, significantly strengthening the tax base for local schools and other government services. This important new source of revenue, for example, will help pay bonds that fund the Knappa School District. That's good for local schools, local taxpayers and families.
• Bradwood Landing will reduce local bond levy rates reducing property tax burdens for Clatsop County residents.




Clatsop County Property Taxes The information in the following table uses the 2006 Clatsop County tax rates. Illustrated is the value and taxes of Bradwood Landing. District School General Exempt (Bond Levy Rate) Total Amount based on $580 million project Clatsop County   1.5287   1.5287 $886,646 Port of Astoria   .1256 .1185 .2441 $141,578 Clatsop Community College .7785     .7785 $451,530 4H & Ext. Svc.   .0534   .0534 $30,972 Education Service District .1538     .1538 $89,204 County Road Bond   1.0175   1.0175 $590,150 Knappa School District* 4.6062   2 .5690 7.1752 $4,161,616 Clatsop County Care and Rehabilitation Center   .1763   .1763 $102,254 Clatsop County Law Enforcement   .5756   .5756 $333,848 Sunset  Transportation District   .1620   .1620 $93,960 Knappa, Svensen, Burnside   1.1845 .2126 1.3971 $810,318 Total Billing Rate for 2005-2006 5.5385 4.8236 2.9001 13.2622 $7,692,076

*The Bond Rate for the school district will need to be recalculated upon completion of the project. Initial estimates by the school's investment banking firm are that the Bond Levy Rate will decrease to about 0.65 resulting in a total tax rate for the school district of 5.2562 instead of the 7.1752 shown.
Tax Rate Source: Clatsop County 2005-06 Assessment and Tax Roll Summary

Increasing Natural Gas Supply

• Natural gas imported through Bradwood Landing will have a dampening effect on gas prices throughout the region and will help mitigate rising energy costs for homes and businesses.
• Economic growth requires energy, and fossil fuels are our energy mainstays; natural gas is one of the most abundant fossil fuels in the world.
• The world's reserves of natural gas total more than 5,000 trillion cubic feet and are growing faster than they are being consumed. That is more than two hundred times the U.S. yearly consumption.

Good Jobs, A Stronger Economy

• During three years of construction, Bradwood Landing will create nearly 450 construction jobs.
• Once operational, Bradwood Landing will create roughly 65 jobs averaging $60,000 a year.
• Bradwood Landing is negotiating a Project Labor Agreement with the Oregon Building Trades Council which will result in employment for hundreds of highly skilled union trades-people from throughout the region.
• During three years of construction, an estimated $580 million dollars will be spent to build Bradwood Landing and once it's completed, roughly $30 million a year to operate it.
• Millions of dollars will be pumped into the local economy for everything from local contracting, supplies, housing, food, lodging and recreation. The company is committed to building relationships with local businesses.