GEQU to invest $78m in Jor­dan LPG

Financial Mirror (Cyprus) - - FRONT PAGE -

and se­cu­rity and VT’s aim will be to pro­vide the largest and most state-of-the-art LPG fa­cil­ity and lo­gis­tics to support the re­gion.

“This is a fan­tas­tic op­por­tu­nity due to the global short­age of stor­age for LPG tanks as well as VT’s goal to be the pri­mary en­ergy stor­age provider in the re­gion sup­ply­ing support to other in­dus­try play­ers such as Jor­da­nian Pe­tro­leum Re­finer­ies, To­tal, and Manaseer Group,” GEQU’s CEO Peter Smith said in Dubai.

“We be­lieve VT will be a sig­nif­i­cant piece of the LPG land­scape. The company is well suited to our par­tic­u­lar mar­ket, con­tacts and in­ter­ests, and we look for­ward to as­sist­ing in their growth plan dur­ing the next three years,” Smith added.

Global Eq­uity In­ter­na­tional Inc. is an Amer­i­can company pub­lic company with the sub­sidiary Global Eq­uity Part­ners Plc www.gepart­ner­ an in­de­pen­dent provider of cor­po­rate re­struc­tur­ing, and fi­nan­cial and cor­po­rate ad­vi­sory so­lu­tions mainly to the SME sec­tor, with of­fices in London, New York, Frankfurt and Dubai, they as­sist clients both lo­cally and in­ter­na­tion­ally to de­liver so­lu­tions span­ning the SME sec­tor.

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