Energtek Subsidiary Moregastech India Advances Company’s First Natural Gas Bulk Transportation Project
leader in the development of Adsorbed Natural Gas (ANG) technology, today
announced that its subsidiary Moregastech India Private Limited is advancing
the provision of natural gas bulk transportation services to industrial
consumers in 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 said industrial area have started following
advances in the approval process for LMP technology by the Indian
authorities. The marketing team has reported very positive reactions by
customers waiting to benefit from the supply of natural gas.
Satisfying the supply requests presented to the company by industrial
consumers in the Bhiwadi industrial area will require a fleet of several
semitrailers to deliver the appropriate natural gas quantities. Energtek has
developed custom semitrailers to enable the cost-efficient delivery of
natural gas to consumers that are not connected to any pipeline
infrastructure.
Currently, there is no practical alternative to provide natural gas to
these industrial consumers. Haryana currently has supply of indigenous
natural gas, but does not have appropriate infrastructure to deliver the
energy needs of industrial consumers. Natural gas is a cost-effective
alternative to oil that also provides a significant ecological improvement
through the reduction of hazardous emissions. Natural Gas can be delivered
for a fraction of the price of oil.
“We are not surprised by the interest of the industrial customers to use
natural gas to solve their energy needs,” said Energtek CEO
“we are surprised rather by the insistence of these companies to start
delivery as soon as possible.”
“We will be able to transport the required energy requests following the
final approval of our technology by the Indian authorities, Zaidenberg added.
“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,
Energtek’s proprietary low-pressure storage technologies.”
About Energtek
Energtek develops and applies proprietary low-pressure storage technology
to provide complete well-to-wheel pipeless Natural Gas supply solutions to
industrial consumers and fleets of small vehicles. Energtek’s Natural Gas
solutions reduce pollution and alleviate consumer energy costs. Energtek
provides competitive bulk transportation solutions to industrial users and a
profitable alternative motor fuel solution for 2- and 3-wheel vehicle drivers
in
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To learn more about Energtek, visit http://www.energtek.com
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Contacts:
Energtek Inc.
Tel: +1-212-999-6202
IR@energtek.com
SOURCE Energtek Inc.