Energtek Inc. (EGTK.PK) Secures Commercial Natural Gas Customer in Israel
QualityStocks (July 9th, 2009) Writes:
Energtek Inc. develops and applies its proprietary low-pressure storage technology to industrial consumers and fleets of small vehicles, operating through its subsidiaries in North America, Europe, Asia and the Middle East.
Earlier this year, Energtek was granted a license to produce and sell natural gas on the Nir-am Sa’ad site, an 807 million-square-foot site in the northern part of Israel’s Negev region. The company yesterday announced its wholly owned subsidiary Energtek Products Ltd. has found a likely natural gas customer in Israel; the natural gas will be extracted from the aforementioned Nir-am Sa’ad site.
According to Energtek, the unnamed customer is expected to be the first Energtek customer in the region as the company moves forward with seeking out other potential customers.
“The customer ready to receive natural gas extracted from the Nir-am Sa’ad site will likely be the first industrial consumer to
...Asia, bulk transportation solutions;, ceo, Energtek Inc., Energtek Products Ltd., Europe, Industrial Applications, israel, Lev Zaidenberg, likely natural gas customer, low-pressure storage technology, Market Commentary, Middle East, million-square-foot site, motor fuel solution, Natural Gas, Negev;, North America, Small & Micro Cap, storage technology solutions, stranded gas, The Macro Trader


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