CALGARY, May 7, 2012 /CNW/ - Alliance Pipeline Ltd. announced today that Murray Birch, President and Chief Executive Officer, will be retiring on July 31, 2012.
"Through Murray's strong leadership, Alliance has added new pipeline services, lowered pipeline costs and leveraged the existing operations to include green power generation while ensuring the safe operations of the system", said Alliance Pipeline Chairman Stephen White. "Over his tenure, the Alliance pipeline system has had record availability and throughput at the same time there were no lost time accidents - an impressive achievement. On behalf of the Board of Directors and everyone at Alliance, I'd like to thank Murray for leading Alliance through a key time and positioning the company for success in the future. We all wish him well in his retirement".
"I've been fortunate to have the opportunity to work with great people and a state-of-the-art system", said Birch. "With the pipeline's flexibility to transport a wider range of natural gas and gas liquids, I know the company is well positioned to provide economic benefit to shippers for today's rich gas drilling. I want to thank all my Alliance colleagues for their dedication, tenacity and expertise - it has truly been an enjoyable and rewarding experience".
Mr. Birch served on the Board of Alliance before being appointed President and Chief Executive Officer in March 2005.
The Board of Directors of Alliance Pipeline will announce Mr. Birch's successor in the near future.
About the Alliance Pipeline system:
The Alliance Pipeline system consists of an approximately 2,311-mile integrated Canadian and U.S. high-pressure natural gas transmission pipeline system, delivering rich natural gas from the Western Canadian Sedimentary Basin and the Williston Basin to the Chicago market hub. The United States portion of the system is owned and operated by Alliance Pipeline L.P. and consists of approximately 900 miles of mainline and related infrastructure. The system has been in commercial service since December 2000 and delivers, on average, about 1.6 billion standard cubic feet (or 45.3 million standard cubic metres) of natural gas per day. More information about the company is available at www.alliancepipeline.com.
Alliance Pipeline Limited Partnership ("Alliance Canada") owns the Canadian portion of the Alliance Pipeline system. Alliance Canada is owned 50 percent each by affiliates of Enbridge Income Fund Holdings Inc. (TSX:ENF) and Veresen Inc. (TSX:VSN).
Alliance Pipeline L.P. ("Alliance U.S.A.") owns the U.S. portion of the Alliance Pipeline system. Alliance U.S.A. is owned 50 percent each by affiliates of Enbridge Inc. (TSX:ENB) (NYSE:ENB) and Veresen Inc. (TSX:VSN).
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