TransAsia Gas International explained

TransAsia Gas International LLC is an energy investment company based in Dubai, United Arab Emirates. It is a subsidiary of Al-Ghurair Group.[1]

Operations

The company invest in oil and gas industry, power generation, and petrochemicals. It develops projects in Asia, the Middle East, and North Africa.[1] Quantitatively, the key objective of Trans Asia Gas International is to produce over within the next few years (equivalent to 18 million tonnes) petroleum products.

In 2007, Trans Asia Gas International invested in a power project in Pakistan, signed between ETA Star Group and Private Power and Infrastructure Board (PPIB).[2]

In July 2008, TransAsia Gas International firmed up plans to relocate a $600 million refinery project from Italy to Pakistan.[3] Also in 2008, the Star Consortium of TransAsia Gas International and Star Petro Energy signed a $2.5 billion agreement for a 50:50 joint venture with Libya's National Oil Corp (NOC). [4] [5] [6] It has been interested to participate in the Iran–Pakistan–India gas pipeline project.[7]

In Pakistan, the company has licences to build two 130 megawatt power plants.[8]

See also

Notes and References

  1. Web site: TransAsia Gas International LLC . https://archive.today/20130118162553/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=33543245 . dead . January 18, 2013 . . 2012-01-04.
  2. Web site: UAE group to invest Dh500m in power plant. October 7, 2007. Khaleej Times. 25 November 2020.
  3. TransAsia to Relocate 100,000-Barrel Refinery From Italy to Pakistan, an Industrial Info News Alert . https://web.archive.org/web/20120911041054/http://www.reuters.com/article/2008/07/02/idUS84932+02-Jul-2008+MW20080702 . dead . 2012-09-11 . Industrial Info . 2009-07-02 . 2012-01-04.
  4. Web site: NOC, Star group to upgrade Ras Lanuf refinery. July 15, 2008. Oil & Gas Journal. December 1, 2020.
  5. Web site: Libya signs Ras Lanuf refinery deal. July 15, 2008. MEED. December 1, 2020.
  6. News: Downstream Today . Star Consortium, Libya's NOC Reach $2B Refinery Deal . 2008-07-15 . 2012-01-04.
  7. News: Zawya . Al Ghurair Investment looks for new pipeline projects . 2010-03-17 . 2012-01-04.
  8. News: Emirates 24/7 . TransAsia to develop $1.4bn Asian refineries . 2008-01-09 . 2012-01-04.

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