Natural gas infrastructure “presents significant opportunities” in the long-term, but not so much today, TransCanada Corp. CEO Russ Girling said last week.
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Natural gas infrastructure “presents significant opportunities” in the long-term, but not so much today, TransCanada Corp. CEO Russ Girling said Tuesday.
A study by the Global Labor Institute at Cornell University counters recent claims by TransCanada Corp.’s CEO Russ Girling that the controversial Keystone XL oil pipeline from the Alberta-U.S. international border to refineries in the Gulf of Mexico (GOM) region could create as many as 20,000 new jobs.
Hal Kvisle, president and CEO of TransCanada Corp., is retiring June 30. Russ Girling, who is now the COO, is to take the reins the following day. Kvisle said he would assist Girling with the transition through Aug. 31 and be available as an adviser to him after that. Kvisle joined TransCanada in 1999 as executive vice president and assumed the CEO role in 2001. In 2008 Kvisle was named Canada’s Outstanding CEO of the Year. “The TransCanada team has achieved and exceeded the objectives we set for ourselves more than a decade ago,” Kvisle said. “Our Canadian gas transmission business is expanding to move BC [British Columbia] shale gas to market. We are working to extend our Canadian system to connect northern gas from Mackenzie and Alaska.” In the past decade, “we’ve built Canada’s largest private sector power business and North America’s second largest natural gas storage business…” It was under Kvisle’s leadership that TransCanada won the state concession to construct the Alaska gasline to carry North Slope gas to Lower 48 markets (see NGI, April 5). Girling joined TransCanada in 1994. Before he was appointed to the COO position in July 2009 he held several leadership positions at TransCanada including president, pipelines; CFO and executive vice president, corporate development; and executive vice president, power. Girling also is the current chairman of the Interstate Natural Gas Association of America.