 Tamraz's strategy is to use the Tamoil acquisition to expand Netoil's existing energy businesses, which operate in the Middle East and Asia primarily through Netoil's Tamgaz subsidiary.Netoil is currently in the construction phase of a large seaborne floating liquefied natural gas (FLNG) project in the Gulf of Oman that will transform natural gas purchased in Oman into LNG, which it will ship to export markets in Asia and Europe.Roger Tamraz in possible buyout of Bolton Wanderers Football Club, Bolton, Lancashire, UK, via A Local paper recent posting.