NEW YORK, Jan. 22, 2015 /PRNewswire/ -- Energtek Inc. (OTC
BB: EGTK), a frontrunner in hi-tech natural gas solutions and
Adsorbed Natural Gas (ANG) technology, announced today that it has
finalized the land purchase in Vermont for the filling station.
"We have completed paying for the 25 acre Swanton, Vermont site, which is in an ideal
location for a filling station: i) right on a transport
pipeline; ii) elevated area on the pipeline (to minimize
curtailments and pressure drops); iii) right next to an
inter-state on-ramp; iv) with identified customers who
cannot be served by anyone else and who are eagerly awaiting our
deliveries; v) right next to electricity sub-station for adequate
secure power supply," said Chairman of Energtek North Country Inc.,
Mr. Lev Zaidenberg.
"We have obtained almost all the necessary permits - Local
zoning, State Public Service Board, State Land Use permit, State
storm-water permit, State fire-marshal, water and wastewater
permit. We have a signed gas supply agreement with Vermont
Gas, which includes commitment by the latter to build the requisite
Tap, meter, PRMS and associated facilities needed to actually hand
over gas to the filling station. We have arranged the basic
infrastructure for moving on with the project," he added.
About Energtek
Energtek develops and
applies innovative mobile transportation solutions for small,
mid-size and large industrial, residential and agricultural
consumers and fleets of small vehicles (NGV). Energtek
operates subsidiaries in North
America, Europe and
Asia.
To learn more about Energtek, visit the newly revamped website:
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. 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
(212) 999.6202
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visit:http://www.prnewswire.com/news-releases/energtek-completes-land-purchase-in-vermont-for-filling-station-300024657.html
SOURCE Energtek Inc.
