Energtek Subsidiary Signs Gas Supply Contract With Industrial Energy Consumer in Serbia
leader in hi-tech natural gas solutions and Adsorbed Natural Gas (ANG)
technology, today announced that its recently formed subsidiary, Pan Energy
d.o.o., has signed a gas supply contract with an industrial energy consumer
in
Natural gas will be transported from a filling station by Pan Energy to a
local dairy factory. The contract provides for the ongoing supply of natural
gas, utilizing Energtek’s cost-effective and environmentally-friendly mobile
transportation solutions. The transportation project will help test the local
technological, organizational and regulatory components of the supply system
in Serbia.
“Pan Energy’s first customer in Serbia will demonstrate the effectiveness
of Energtek’s bulk transportation natural gas solutions,” said Energtek CEO
affordable alternative energy source. With the success of this pilot project,
we anticipate growing regional demand for natural gas supplied by Pan Energy.”
About Energtek
Energtek develops and applies innovative low-pressure storage technology
and expertise 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 alternative motor fuel solutions for 2- and 3-wheel vehicle drivers
in
the
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. 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.
Contacts:
Investor Relations
IR@energtek.com
+1-212-999-6202
SOURCE Energtek Inc.