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Energtek Meets With Natural Gas Industry Leaders in India

Posted on: Friday, 6 March 2009, 07:00 CST

NEW YORK, March 6 /PRNewswire-FirstCall/ -- Energtek Inc., a world leader in the development of Adsorbed Natural Gas (ANG) technology, reported that a series of meetings with Indian gas industry leaders took place following a lecture presented by the company last week at the Second Eurasian City Gas Stakeholders Conference in Delhi, India.

The conference, organized by Resonance Energy and Organization Dynamics, was attended by major Indian natural gas (NG) industry stakeholders including government entities involved in Indian gas and petroleum policies.

Following the conference, Energtek engaged in a series of meetings with Directors of India's Petroleum and Natural Gas Regulatory Board and with top executives of natural gas supply and distribution entities.

Among the conference participants were Indian Minister of Petroleum and Natural Gas Mr. Dinsha Patel, and top executives of Gail (India) Ltd., Gujarat State Petroleum Corporation Ltd., Petronet LNG Ltd., Reliance Industries, Indraprastha Gas, Mahanagar Gas Ltd., Gujarat Gas Company Ltd., Adani Enterprises Ltd., Reliance Natural Resources; Haryana City Gas Distribution Ltd., Great Eastern Energy Corporation Ltd, Everest Kanto Cylinder Ltd., Germanischer Lloyd AG/Advantica, and Tractebel Engineers and Constructors Ltd.

"The meetings held in India were extremely productive and have further opened significant commercial opportunities for Energtek in the Indian natural gas market," said Lev Zaidenberg, CEO of Energtek. "The economic advantages of our natural gas bulk transportation solutions will instantly prove themselves upon implementation."

About Energtek

Energtek develops and applies proprietary low-pressure storage technology to provide complete well-to-wheel pipeless NG supply solutions to industrial consumers and fleets of small vehicles. Energtek's NG solutions reduce pollution and alleviate consumer energy costs. Energtek provides competitive bulk transportation solutions to industrial users and profitable alternative motor fuel solutions for the large market of 2-and-3 wheel vehicle drivers in Asia. Energtek operates subsidiaries in North America, Europe, Asia and the Middle East. To learn more about Energtek, visit http://www.energtek.com

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of Energtek and its technologies. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and other matters set in Energtek's filings. These risks and uncertainties could cause actual results to differ materially from those indicated in the forward-looking statements.

SOURCE Energtek Inc.

Source: PR Newswire

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