Questor Announces Sale of Clean Combustion Solution in Libya
2024年11月22日 - 9:06PM
Questor Technology Inc. (“Questor”, the “Company”), (TSX Venture
Exchange: QST) announced today a $1.7 million purchase order to
supply a clean combustion solution in Libya to a global leader in
the energy services space, whose client is a global E&P
company.
Questor’s ISO 14034-certified clean combustion
units are engineered to safely manage waste gas while eliminating
methane and other harmful pollutants at a 99.99% efficiency. These
units meet and exceed the most stringent global emissions
standards, making them a reliable solution for jurisdictions with
rigorous environmental regulations. According to the World Bank, 15
million standard cubic feet of gas is flared each day, enough to
power the whole of sub-Saharan Africa. The significance of this
project is not only eliminating the flaring but creating the
potential to monetize the heat generated from clean combustion.
Designed with innovation and efficiency at the
forefront, the units deliver significant cost savings to clients in
capital, fuel, and operations. They are particularly well-suited
for early production facilities, large-scale gas processing plants
and refineries. Manufactured in Canada, Questor’s tall clean
combustion units are specifically developed to meet evolving
international emission standards, addressing the unique challenges
of sour gas and other complex pollutants.
This purchase order underscores Questor’s
reputation for delivering cost-effective, high-performance
technology and highlights its expanding presence in global markets.
As the company continues to grow, it remains dedicated to advancing
sustainable energy infrastructure and supporting its clients in
achieving their environmental goals.
ABOUT QUESTOR TECHNOLOGY
INC.
Questor Technology Inc., incorporated in Canada
under the Business Companies Act (Alberta) is an environmental
emissions reduction technology company founded in 1994, with global
operations. The Company is focused on clean air technologies that
safely and cost effectively improve air quality, support energy
efficiency and greenhouse gas emission reductions. The Company
designs, manufactures and services high efficiency clean combustion
systems that destroy harmful pollutants, including Methane,
Hydrogen Sulfide gas, Volatile Organic Hydrocarbons, Hazardous Air
Pollutants and BTEX (Benzene, Toluene, Ethylbenzene and Xylene)
gases within waste gas streams at 99.99 percent efficiency per its
ISO 14034 Certification. This enables its clients to meet emission
regulations, reduce greenhouse gas emissions, address community
concerns and improve safety at industrial sites.
The Company also has proprietary heat to power
generation technology and is currently targeting new markets
including landfill biogas, syngas, waste engine exhaust, geothermal
and solar, cement plant waste heat in addition to a wide variety of
oil and gas projects. The combination of Questor’s clean combustion
and power generation technologies can help clients achieve net zero
emission targets for minimal cost. The Company is also doing
research and development on data solutions to deliver an integrated
system that amalgamates all of the emission detection data
available to demonstrate a clear picture of the site’s emission
profile.
The Company’s common shares are traded on the
TSX Venture Exchange under the symbol “QST”. The address of the
Company’s corporate and registered office is 2240, 140 – 4 Avenue
S.W. Calgary, Alberta, Canada, T2P 3N3.
QUESTOR TRADES ON THE TSX VENTURE
EXCHANGE UNDER THE SYMBOL ‘QST’
Investor Relations Contact
Aly Sumar – Chief Financial
Officerinvestor@questortech.com
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.This document is not intended for
dissemination or distribution in the United States.
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