GEQU to invest $78m in Jordan LPG
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.gepartnersplc.com 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.