Located in the northern part of the country, Uttar Pradesh is
The MOU advances gas bulk transportation projects utilizing the primary
elements of Energtek's proprietary Low-pressure Mobile Pipeline (LMP)
technology. Energtek aims to transport Natural Gas from
To facilitate the mobile transport of Natural Gas, Energtek plans to
construct its first filling station in
"With a constantly growing number of industrial consumers and over 80
million two- and three-wheel vehicles,
Energtek's proprietary Low-pressure Mobile Pipeline technology enables the cost-efficient delivery of clean Natural Gas energy to industrial and commercial consumers at a fraction of the price of oil.
Energtek is also currently engaged in advanced commercial project negotiations with a Natural Gas distribution company operating in the states of Haryana and Rajasthan. Feasibility studies are similarly underway with additional Natural Gas companies for projects in the states of Maharashtra and West Bengal.
"Energtek's commercial operations continue to develop rapidly in
About Energtek
Energtek develops and applies proprietary ANG technology to provide
complete well-to-wheel pipeless Natural Gas supply solutions to large
automotive and commercial consumers. Energtek's Natural Gas solutions reduce
pollution and alleviate consumer energy costs, particularly within the large,
growing market of low-income 2- and 3-wheel vehicle drivers in
About ANG
Adsorbed Natural Gas (ANG) technology enables hi-tech and cost-effective storage of Natural Gas, by maximizing the quantities of gas stored in a tank. ANG greatly reduces the infrastructure, fueling, and energy costs of supply solutions to consumers where no pipeline or refueling infrastructure is present. ANG enables new markets of motor vehicle fleets and large commercial consumers, to benefit from environmentally friendly-and affordable Natural Gas.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E 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 matters set in Energtek's SEC filings. These risks and uncertainties could cause actual results to differ materially from those indicated in the forward-looking statements.
Contacts: Alex Traiman IR@energtek.com
SOURCE Energtek Inc.