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News Topics
For new TransCanada boss, Alaska fails to top list of priorities
By Jeffrey Jones, Reuters
CALGARY – The Alaska gas pipeline project will be vital for TransCanada Corp. in a decade, but the company’s incoming chief executive said he is more focused now on moving forward with $22-billion of projects that garner far fewer headlines.
Russ Girling, a company veteran who takes over as CEO in July, said Thursday the multibillion-dollar Alaska proposal would help TransCanada keep its Alberta and Canadian main line gas systems running at capacity as conventional western Canadian production dwindles in the coming years.
But Girling, 47, said in an interview he is still more focused on major investments that will come to fruition over the next eight years, such as its Keystone oil pipeline system to the United States in June and its subsequent expansions.
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