Energtek Inc. (OTC: EGTK), a leader in hi-tech natural gas solutions and Adsorbed Natural Gas (ANG) technology, has announced that its subsidiary in theUSA, Energtek North Country Inc (NCI), has purchased land inSwanton, Vermont, for construction of its regional distribution facilities. Energtek is the second company on the same stretch of I-89 to build a natural gas "filling station" to serve customers who are off the pipeline. NG Advantage operates a compressed natural gas facility in Milton. It began operations in March 2013. The gas is then trucked to customers or a second access point.
"We are happy to announce that Energtek NCI has purchased land from the town ofSwanton, Vermont," said CEO Energtek NCI Dr Timothy Nulty.
Dr. Nulty expounded: "We have taken another major step forward towards the start of operations inVermont, New England andNew York State- where there are many areas not served by gas pipelines. The location chosen for our first filling station has several advantages:
- A major supply pipeline runs through the land
- There is an exit to a major highway
- Access to the cheapest power (rates) in theState of Vermont
- Within a radius of 50 miles there are many end-users who wish to convert to natural gas.
About Energtek
Energtek develops and applies innovative mobile transportation solutions for industrial consumers and fleets of small vehicles. Energtek operates subsidiaries inNorth America,EuropeandAsia.
To learn more about Energtek, visit the newly revamped website:http://www.energtek.com
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NEW YORK,May 15, 2014/PRNewswire/ --Energtek Inc.