A former top federal pipeline regulator who also used to lead the Coast Guard in Alaska has been selected as the new president of Alyeska Pipeline Service Co.
Tom Barrett, 63, is scheduled to begin working at the company, which operates the 800-mile trans-Alaska pipeline, on Jan. 1.
Barrett is taking the helm at a time when the pipeline faces a major turning point: As oil production from the North Slope oil fields is dwindling, the pipeline company has been cutting costs, relocating employees and studying how many years longer it can continue to operate the pipeline without a major new infusion of oil.
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