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 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]
The Turkmenistan–Afghanistan–Pakistan–India Pipeline (TAPI), also known as Trans-Afghanistan Pipeline, is a natural gas pipeline being developed by the Galkynysh – TAPI Pipeline Company Limited with participation of the Asian Development Bank. The pipeline will transport natural gas from the Galkynysh Gas Field in Turkmenistan through Afghanistan into Pakistan and then to India. Construction on the project started in Turkmenistan on 13 December 2015, work on the Afghan section began in February 2018, and work on the Pakistani section was planned to commence in December 2018. The abbreviation TAPI comes from the first letters of those countries. Proponents of the project see it as a modern continuation of the Silk Road.
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The Dolphin Gas Project is the natural gas project of Qatar, the United Arab Emirates, and Oman. It is the Gulf Cooperation Council's first cross-border refined gas transmission project and the largest energy-related venture ever undertaken in the region.
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Ras Lanuf Oil and Gas Processing Company (Rasco) is a subsidiary of the state-owned National Oil Corporation of Libya. Rasco operates the Ras Lanuf Refinery.
Ra's Lanuf is a Mediterranean town in northern Libya, on the Gulf of Sidra. The town is also home to the Ra's Lanuf Refinery, completed in 1984, with a crude oil refining capacity of 220,000 bbl/d (35,000 m3/d). The oil refinery is operated by the Ra's Lanuf Oil & Gas Processing Company, a subsidiary of the state-owned National Oil Corporation. Additionally, the city houses the Ra's Lanuf petrochemical complex – a major oil terminal – and oil pipelines: the Amal–Ra's Lanuf, the Messla–Ra's Lanuf, and the Defa-Ra's Lanuf pipeline.
The Zawia Oil Refining Company (ARC) is a subsidiary of the National Oil Corporation (NOC), incorporated under Libyan Commercial Law since 1976. ARC operates the Zawia Refinery, which was built in 1974 by Snamprogetti, Italy. Zawia is currently the country's second largest oil refinery after the Ra's Lanuf Refinery. Primary products include naphtha, gasoline, kerosene, light vacuum gas oil (VGO), fuel oil, base lubricating oils, and asphalt.
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Coastal Corporation was a diversified energy and petroleum products company headquartered at 9 Greenway Plaza in Greenway Plaza, Houston, Texas. The company was founded in 1955 by Oscar Wyatt and incorporated in 1955 as Coastal States Gas Producing Company. It merged with the El Paso Corporation in 2001. As of 1999, Coastal was a Fortune 500 company with 13,300 employees and annual revenues of $8.2 billion.
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ETA Star Group is an investment company headquartered in Dubai, United Arab Emirates. It is a joint-venture between Al Ghurair and Tamil entrepreneur and philanthropist B.S. Abdur Rahman.
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Mustafa Sanalla has served as the chairman of the National Oil Corporation (NOC), Libya's national oil company, since May 2014. After acquiring a degree in chemical engineering from the University of Tripoli in 1985 Sanalla joined Ras Lanuf Oil and Gas Processing Company, a subsidiary of the NOC which operates a refinery in Ras Lanuf, Libya. Sanalla was subsequently promoted several times until he was appointed as the NOC chairman in 2014.
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