TransAsia Gas International

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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 400,000 barrels per day (64,000 m³/d) 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]

References

^ ^a ^b "TransAsia Gas International LLC". Bloomberg Businessweek. Archived from the original on January 18, 2013. Retrieved 2012-01-04.
^ "UAE group to invest Dh500m in power plant". Khaleej Times. October 7, 2007. Retrieved 25 November 2020.
^ "TransAsia to Relocate 100,000-Barrel Refinery From Italy to Pakistan, an Industrial Info News Alert" (Press release). Industrial Info. 2009-07-02. Archived from the original on 2012-09-11. Retrieved 2012-01-04.
^ "NOC, Star group to upgrade Ras Lanuf refinery". Oil & Gas Journal. July 15, 2008. Retrieved December 1, 2020.
^ "Libya signs Ras Lanuf refinery deal". MEED. July 15, 2008. Retrieved December 1, 2020.
^ "Star Consortium, Libya's NOC Reach $2B Refinery Deal". Downstream Today. 2008-07-15. Retrieved 2012-01-04.
^ "Al Ghurair Investment looks for new pipeline projects". Zawya. 2010-03-17. Retrieved 2012-01-04.
^ "TransAsia to develop $1.4bn Asian refineries". Emirates 24/7. 2008-01-09. Retrieved 2012-01-04.

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