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Vol. 11, No. 53 Week of December 31, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry


TransCanada to TransBig?

Adds El Paso line, gas storage, solidifies N.A. ‘leading energy infrastructure’ role

Gary Park

For Petroleum News

Having pulled off a long-rumored deal by paying $3.4 billion, plus $670 million of assumed debt, for natural gas pipeline and storage assets owned by El Paso, TransCanada is making no effort to hide its ambitions. Hal Kvisle, chief executive officer of the Canadian energy powerhouse, said the acqui....

    [additional news subjects in this story]

Company will have 40,000-mile network

TransCanada will have close to 12% of North American gas storage

Gas storage used by producers to get best price


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