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. ^ a b "TransAsia Gas International LLC". Bloomberg Businessweek. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=33543245. 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. http://www.reuters.com/article/2008/07/02/idUS84932+02-Jul-2008+MW20080702. Retrieved 2012-01-04. 
  3. ^ a b "TransAsia to develop $1.4bn Asian refineries". Emirates 24/7. 2008-01-09. http://www.emirates247.com/eb247/companies-markets/transasia-to-develop-1-4bn-asian-refineries-2008-01-09-1.217154/Al%20Ghurair%20Investment%20looks%20for%20new%20pipeline%20projects. Retrieved 2012-01-04. 
  4. ^ "Star Consortium, Libya's NOC Reach $2B Refinery Deal". Downstream Today. 2008-07-15. http://www.downstreamtoday.com/news/article.aspx?a_id=11882. Retrieved 2012-01-04. 
  5. ^ "Al Ghurair Investment looks for new pipeline projects". Zawya. 2010-03-17. http://www.zawya.com/Story.cfm/sidZAWYA20100317044344/Al%20Ghurair%20Investment%20looks%20for%20new%20pipeline%20projects. Retrieved 2012-01-04.