TransAsia Gas International

TransAsia Gas International LLC is an energy investment company based in Dubai, United Arab Emirates. It is a subsidiary of Al-Ghurair Group.[1] 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 400,000 barrels per day (64,000 m3/d) within the next few years(equivalent to 18 million tonnes) petroleum products.

In July 2008, TransAsia Gas International firmed up plans to relocate a $600 million refinery project from Italy to Pakistan.[2] In Sri Lanka, it plans to relocate 100,000 barrels per day (16,000 m3/d) refinery to Hambantota in the south of the island.[3] The company has invested also in Ra's Lanuf Refinery in Libya.[4] It has been interested to participate in the Iran–Pakistan–India gas pipeline project.[5]

In Pakistan, the company has licences to build two 130 megawatt power plants.[3]

See also

References

  1. 1 2 "TransAsia Gas International LLC". Bloomberg Businessweek. Retrieved 2012-01-04.
  2. ↑ "TransAsia to Relocate 100,000-Barrel Refinery From Italy to Pakistan, an Industrial Info News Alert" (Press release). Industrial Info. 2009-07-02. Retrieved 2012-01-04.
  3. 1 2 "TransAsia to develop $1.4bn Asian refineries". Emirates 24/7. 2008-01-09. Retrieved 2012-01-04.
  4. ↑ "Star Consortium, Libya's NOC Reach $2B Refinery Deal". Downstream Today. 2008-07-15. Retrieved 2012-01-04.
  5. ↑ "Al Ghurair Investment looks for new pipeline projects". Zawya. 2010-03-17. Retrieved 2012-01-04.
This article is issued from Wikipedia - version of the Friday, December 12, 2014. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.