Energtek, Inc. (EGTK.PK) Subsidiary Advances First Natural Gas Bulk Transportation Project
Source: http://Blog.QualityStocks.net/?p=15176Posted on Monday, April 27th, 2009 | In Market Commentary, Small & Micro Cap
Energtek Inc., a leading developer of Adsorbed Natural Gas (ANG) technology, announced today that its subsidiary, Moregastech India Private Ltd., is advancing the provision of natural gas bulk transportation services to industrial consumers in the Bhiwadi industrial area in the Indian state of Haryana using Energtek’s proprietary Low-pressure Mobile Pipeline (LMP) bulk transportation technology.
Marketing activities in the industrial region have started following advances in the approval process for LMP technology by the Indian authorities. Very positive reactions by customers have been reported by the marketing team as they wait to benefit from the supply of natural gas.
The supply requests submitted by industrial consumers will require a fleet of several semitrailers to deliver the appropriate amount of natural gas. Energtek has developed custom semitrailers to cost-efficiently deliver natural gas to consumers that are not connected to pipeline infrastructure.
As of this time, there is no practical alternative to provide natural gas to these industrial consumers. Although Haryana has a supply of indigenous natural gas, it does not have the appropriate infrastructure to deliver the energy to industrial consumers.
“We are not surprised by the interest of the industrial customers to use natural gas to solve their energy needs,” commented Energtek CEO Lev Zaidenberg, “we are surprised rather by the insistence of these companies to start delivery as soon as possible.”
He continued, “We will be able to transport the required energy requests following the final approval of our technology by the Indian authorities. There is no doubt that the provision of a cheaper and cleaner fuel is economically beneficial to these customers. With a constantly growing number of industrial consumers, and over 80 million two- and three-wheel vehicles, India is in great need of the alternative energy solution offered by Energtek’s proprietary low-pressure storage technologies.”
Let us hear your thoughts: Energtek, Inc. Message Board
Last 5 posts by QualityStocks
- November 23rd CEOcast Weekly Newsletter - November 23rd, 2009
- Longwei Petroleum Investment Holdings Ltd. (LPHI) Reports Strong Third Quarter - November 23rd, 2009
- An Opportunity to Get there First in the Media Space - November 23rd, 2009
- Akeena Solar, Inc. (AKNS) Partners with Highland Solar Achieving Canadian Market Penetration - November 23rd, 2009
- Cardio Vascular Medical Device Corp. (CVSL.OB) Applying for Patents in Europe, Canada, and Far East - November 23rd, 2009
Adsorbed Natural Gas;, appropriate infrastructure;, bulk transportation technology;, Energtek Inc., energy, energy needs, energy solution, Haryana, India, indigenous natural gas;, Lev Zaidenberg, LMP technology;, Low-pressure Mobile Pipeline;, low-pressure storage technologies;, Market Commentary, Moregastech India Private Ltd.;, Natural Gas, natural gas bulk transportation services;, required energy requests;, Small & Micro Cap
![]() About QualityStocks (http://QualityStocks.net)
Our name, QualityStocks, emphasizes our commitment to connect subscribers with companies that have huge potential to succeed in the short and long-term future. We believe strong management and vision for the future are crucial for any company to be successful. Timing is everything and we help investors succeed by providing an objective, broad-based view of the SmallCap markets on a daily basis. Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net |




