Archive for the ‘Energtek Inc. EGTK’ Category

Energtek, Inc. (EGTK) Advances Natural Gas Storage and Usage Systems, Poised to Revolutionize Automotive and Other Sectors

Monday, March 21st, 2011

Energtek is on the forefront of helping to solve oil consumption by the global motor vehicle market through the development and commercialization of advanced Adsorbed Natural Gas (ANG) Technologies that allow natural gas to be stored at low pressure or in higher quantities.

The Company has refined the basic technology, which consists of using a porous material inside the storage vessel like activated carbon and has worked out several key technical challenges to making ANG readily implementable and commercially viable.

Every internal combustion engine-based vehicle can burn natural gas; only a simple, inexpensive conversion is required. This makes EGTK’s storage technology the perfect solution to a global market desperately seeking to diversify energy sources, especially in the automobile area where alternative sources have yet to penetrate substantially.

The Company’s proprietary ANG storage technology revolutionizes the underlying logistics of handling and using NG at the consumer level and in multiple other areas. EGTK has even developed the CNG Lite™ system specifically for 2- and 3-wheel vehicles, which incorporates the ANG technology with low-pressure technology to offer a small vehicle solution that could shatter the paradigm in the massive and growing small vehicle international market.

Another development of the technology, the Low-pressure Mobile Pipeline (LMP) concept, is a package for energy consumers who are off the gas grid consisting of low-pressure gas transporting semi trailers, filling terminals and LMP gas reception facilities.

Unconventional NG sources like methane hydrates, the most abundant fossil fuel on earth, represent an almost completely untapped yet superabundant resource. Roughly one third of all methane hydrates on earth lie in provincial US waters. NG is a clean and stable energy input and an incredibly important strategic domestic resource for the US moving forward and EGTK is in a prime position to ride the crest of the surging wave as oil availability becomes increasingly scarce due to skyrocketing global energy demand and limited production/refinement capacity.

Looking at the global market more closely we see that NG is generally more available and generally cheaper around the world than oil, requires no refining to be utilized in a variety of ways as fuel and is by any estimation the cleanest of fossil fuels. The immediate impact on the environmental profile of automobiles in general could be changed drastically by sufficient uptake of this technology by the global marketplace.

Natural gas has a squeaky clean safety record and this technology makes it even safer and easier to work with, reducing risk and therefore systemic costs, meaning that adoption will reduce infrastructural overhead as well.

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Energtek Inc. (EGTK) Announces Multi-Year Agreement with First Customer in Bosnia and Herzegovina

Tuesday, March 15th, 2011

Energtek Inc., developer and applier of innovative low-pressure mobile transportation solutions for industrial consumers and fleets of small vehicles, announced this morning that it has signed an agreement with an industrial customer in the area of Mostar, Bosnia and Herzegovina for the provision of natural gas.

The agreement provides for the selling of natural gas to a local manufacturer using mobile transportation solutions based on Energtek’s technology and expertise. It is anticipated that this new relationship will render annual revenues of about $1.3M, increasing in the forthcoming years, and shall be in place for several years.

The conversion of customer’s facilities to natural gas are scheduled to start this month, together with the other engineering and regulatory activities for the natural gas mobile supply.

According to the press release, the agreement will be implemented through a local subsidiary to be incorporated in Bosnia and Herzegovina, with the participation of local partners. Energtek will retain the majority of the new subsidiary’s shares.

“This is a very significant start in Bosnia & Herzegovina,” stated Energtek’s CEO Lev Zaidenberg. “The mobile natural gas delivery currently working in Serbia has paved the way for the implementation of similar undertakings in the area. We believe that we will be able to report additional agreements within the foreseeable future”.

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Energtek Inc. (EGTK.PK) Reports 5 Billion Cubic Feet of Prospective Gas Resources

Thursday, March 10th, 2011

Energtek Inc. announced that it has completed an evaluation of gas reservoirs in the licensed block in Southern Israel. The evaluation was performed following the successful production test, as reported in December 2010, of the NirAm Gas1 well.

Based on the seismic and geophysics data as well as a detailed analysis of the production test’s results, the geological team estimated that the recoverable gas resources (contingent resources) of the reservoir at which the NirAm Gas1 was drilled amount to 1.7 BCF (Billion Cubic Feet). Furthermore, the geological team identified three similar natural gas reservoirs in the Nir-Am block. According to the company, prospective gas resources from the identified reservoirs may total as much as 5 BCF.

Should these amounts be achievable, at current market prices they would represent tens of millions of dollars. Leveraging Energtek’s technologies and know-how would enable the provision of the extracted gas to industrial consumers, significantly increasing the sales value of the extractable gas.

Energtek told investors it has already initiated engineering and regulatory activities for a local energy mobile supply project based on the Natural Gas reserves from the Nir-Am Gas1 well. The company has also reported that significant quantities of oil may be present at the Nir-Am block, which is officially licensed to Energtek for oil and gas exploration and exploitation.

“We are very pleased with the results of the evaluation,” stated Former Minister of Infrastructure and Energtek Chairman Eliezer Sandberg. “In the present economic and geopolitical conditions, it is of utmost importance to promote the utilization of every indigenous source of natural gas and oil in Israel, especially those that are close to the energy consumers. The importance of these sources in the forthcoming years cannot be overemphasized.”

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Energtek, Inc. (EGTK.PK) Solves the Natural Gas Storage Problem

Thursday, February 24th, 2011

Natural gas (NG) has long been considered as a promising alternative to less clean burning fossil fuels, both in the industrialized and developing countries. Consisting primarily of methane, together with ethane and other hydrocarbons, natural gas is the cleanest burning of all fossil fuels, and abundant resources means it doesn’t have to be imported. It can be used in power plants to generate electricity or for home heating, and vehicles can be easily modified to run on natural gas. The only potential problem is efficient storage. Being a gas, NG can take up significant volume when being stored. This poses challenges for use in automobiles, or for transporting in areas where pipelines are unavailable. Increasing storage pressure can reduce volume, but this requires more expensive containment and handling systems.

Energtek, a U.S. company based in New York, believes it has the best answer. The company is a world leader in the development and commercialization of what is called Adsorbed Natural Gas (ANG), the use of microporous materials to increase the efficiency of natural gas storage. Using materials with the correct physical properties allows methane and other NG related molecules to adhere tightly to the materials, resulting in denser storage. ANG effectively reduces the volume and/or pressure required to store a given amount of natural gas.

With ANG, you can store a larger volume of NG in the same container, or you can reduce the pressure required to store the same amount of NG. ANG technology can be adjusted to fit the need. For use with vehicles, required pressures can be reduced, making it easier for people to handle. For storage and delivery, more gas can be captured in a given container at the same pressure. However ANG technology is applied, the result is more efficiency and reduced costs.

Energtek provides proprietary solutions to meet the technical and economical challenges of NG delivery to vehicles worldwide, with a major focus on the 2-3 wheel vehicle market in Asia. In addition, Energtek supplies NG to industrial and commercial consumers, using pipeless NG supply bulk transportation solutions.

For more information, visit the company’s website at www.Energtek.com

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Energtek, Inc. (EGTK.PK) CEO Nominated at Recently Incorporated Subsidiary Energstore

Thursday, February 17th, 2011

Energtek Inc., developer of innovative low-pressure mobile transportation solutions for industrial consumers and fleets of small vehicles, announced today that Col. (Ret.) Haim Aviv has been nominated as CEO of the recently incorporated subsidiary Energstore Solutions Ltd.

Holding a BSc and an MSc. in Industrial Engineering and Management, Col. (Ret.) Haim Aviv has extensive experience in managing multidisciplinary large-scale projects. During the last years he managed a large scale Homeland Security project performed by a large corporation. In addition, while in service to the army, he managed several massive projects.

Energstore is focused on providing peak storage solutions for energy utilities, transmission networks and other large suppliers and consumers of natural gas. The subsidiary anticipates providing customized solutions to the emerging natural gas based energy market of Israel in the forthcoming future. These solutions will leverage the technologies developed by Energtek, significantly widening the areas of application in the process.

Energstore is held fifty percent by RBCI Ltd. and, as reported earlier this week, RBCI has committed to provide financing of up to $2,500,000.

“Col. (Ret.) Aviv will be able to crystallize the potential of Energstore Solutions Ltd. and successfully implement the projects to be carried out by it. He has the traits required for making Energstore a big success” stated Eliezer Sandberg (director at Energstore Solutions Ltd, Energtek’s Chairman, and former Israeli Minister of Infrastructures). “We are very pleased that he accepted the nomination as CEO of Energstore and is willing to lead this enterprise.”

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Energtek Inc. (EGTK.PK) Announces Formation of New Subsidiary to Develop Natural Gas Mass Storage Solutions

Monday, February 14th, 2011

Today before the opening bell, Energtek Inc., a leader in hi-tech natural gas solutions and Adsorbed Natural Gas (ANG) technology, announced that it has incorporated a new subsidiary, Energstore Solutions Ltd., which will focus on providing peak storage solutions for energy utilities, transmission networks and other large suppliers and consumers of natural gas.

Energtek will own fifty percent of the new subsidiary, while RBCI Ltd., an Israeli company managed by Brig. Gen. (Ret.) Reuven Benkler, will own the remaining fifty percent. Energstore was founded for the purpose of capitalizing, among others, on the important energy developments taking place in Israel following the discoveries of huge quantities of natural gas. These discoveries are expected to significantly change Israel’s energy market to rely more heavily on natural gas.

RBCI will provide $300,000 for the initial financing of Energstore, to foster its development goals including a natural gas storage pilot project, subject to milestones. The company has also committed to providing an additional $2,200,000 to finance commercial projects.

“We are confident that the combination of Energtek’s board (led by Eliezer Sandberg – former Israeli Minister of National Infrastructures) and team natural gas supply solutions expertise, together with RBCI’s proven track record of successful project structuring, financing and implementation will enable our mutual company to undertake a significant role in this field,” said Energtek CEO Lev Zaidenberg. “We are very pleased to have found the right partner to develop the gas storage solutions for energy infrastructure needs.”

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Energtek, Inc. (EGTK.PK) is “One to Watch”

Friday, February 11th, 2011

Energtek, Inc. is focused on developing and commercializing Adsorbed Natural Gas (ANG) technology. This technology enables the storage of comparable gas quantities at reduced pressure, dramatically decreasing the capital investment and operational costs of natural gas vehicles. The company recognizes the global markets’ demands to diversify energy sources and is working on breakthrough technologies that deliver natural gas to the consumer, even where no gas pipeline and compressing infrastructure exist.

Because natural gas is cheaper, cleaner and available in greater quantities than oil, Energtek believes it is the most practical motor fuel alternative. Natural gas is primarily comprised of methane, which is one of the simplest and most abundant substances found in nature, especially when compared to oil. Taking advantage of natural gas resources located across the globe will also reduce the number of countries forced to import motor fuel, including the USA.

The percentage of Natural Gas Vehicles (NGVs) in many countries is growing rapidly. Today, there are more than 12 million NGVs on the road, a number that is growing by approximately 30% per year. Even with this robust growth, NGVs still represent only a small percentage of the overall vehicle market. Until now, costly refueling infrastructure, as well as the inconvenience of integrating NG tanks into vehicles, has limited the growth of NGVs. However, by enabling the use of natural gas in places previously impossible, Energtek’s proprietary ANG technology promises to greatly expand the NGV market.

Through its wholly-owned subsidiary Energtek Products Ltd., the company owns a license from Israel’s Ministry of National Infrastructures for the exclusive exploration, production and sale of hydrocarbons present in the 19,000 acre Nir-am Sa’ad block. A recent survey on the block estimated approximately 26 Million Barrels of recoverable oil. Energtek Products is currently pursuing listing on the Tel Aviv Stock Exchange via a reverse merger agreement to increase investment into Energtek technology and exploration activities.

CEO Lev Zaidenberg leads the company with extensive experience starting and managing several successful hi-tech companies in Israel, Europe and the USA. Mr. Zaidenberg received a B.Sc. in Applied Mathematics and an MBA from Tel-Aviv University. Professor Yuri Ginzburg serves alongside Zaidenberg with a PhD / D.Sc in Mechanical Engineering and a comprehensive background in the automotive industry. Ginzburg is a specialist in alternative fuel systems and R&D projects management, and has authored 18 patents and over 70 scientific works.

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Energtek, Inc. (EGTK.PK) Provides Progress Update on Development of Commercial Natural Gas Markets in the Philippines

Thursday, April 8th, 2010

Energtek Inc., a world leader in the development of Adsorbed Natural Gas (ANG) technology, yesterday after the bell reported advances towards the implementation of its proprietary CNG Lite(TM) and Low-Pressure Mobile Pipeline(TM) (LMP) technologies in the Philippines.

According to the company, significant advances have taken place towards the implementation of LMP technology, a mobile natural gas supply system for industrial energy consumers. Structural changes in the Filipino local natural gas market have been taking place during the past months that will enable the distribution of natural gas to industrial users in the area of Metro Manila.

Energtek has maintained ongoing contacts for several months with potential customers interested in receiving mobile natural gas supply. The recent completion of successful LMP field tests in Africa has further advanced discussions with these customers.

Progress is also being made with Filipino parties that have expressed interest in the development of natural gas markets in the Philippines, using Energtek’s proprietary CNG Lite(TM) technology for the conversion and ongoing fuel supply of small vehicles.

Energtek also pointed out that its fully owned subsidiary, Energtek Philippines Inc., was recently certified as a duly accredited participant in the Filipino Natural Gas Vehicle Program for Public Transport (NGVPPT). This accreditation entitles Energtek Philippines to convert and retrofit existing vehicles to operate on Natural Gas; as well as to provide ongoing Natural Gas supply to the vehicles from the Malampaya Offshore Gas Reserve in Batangas, the nation’s largest indigenous energy source.

Before the certification was granted, the company’s CNG Lite(TM) fuel system for small vehicles underwent extensive field trials by government officials. Following the successful tricycle tests, Filipino investment groups expressed interest in CNG Lite(TM) technology, and are currently studying their cooperation in the development of the natural gas market for three-wheelers.

Converting the vehicles to Natural Gas provides a substantial reduction in hazardous emissions and is cost-effective. According to the press release, CNG Lite(TM) is currently the only commercially viable system that can be utilized for mass conversions of tricycles in the Philippines.

“Energtek’s CNG Lite(TM) and LMP(TM) natural gas supply systems have demonstrated themselves to be effective in the field,” said Energtek CEO Lev Zaidenberg. “These systems are garnering the attention of several parties that seek to join in the opening of substantial natural gas markets in the Philippines, enabled by our bulk-transportation and CNG Lite(TM) technologies.”

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Energtek, Inc. (EGTK.PK) “Fills” the Need in Natural Gas Infrastructure

Wednesday, April 7th, 2010

Energtek Inc. is a world leader in the development and commercialization of Adsorbed Natural Gas (ANG) technology. The company has developed breakthrough proprietary technology which efficiently enables increased use of natural gas in vehicle and industrial markets globally.

One of the product offerings from Energtek is filling stations. Natural gas filling stations are an essential element in any natural gas vehicle or pipeless gas supply project. The creation of natural gas filling station infrastructure requires complex technological solutions and dynamic resources as well as significant financial and legal development efforts. The company’s offering builds on the experience accumulated in the construction of 17 compressed natural gas (CNG) stations in France. Energtek is one of the pioneers of natural gas vehicle (NGV) infrastructure in that country.

Depending on the unique needs of any-sized fleet and location, Energtek can utilize extensive knowledge and experience in the development of all types of natural gas filling stations:

• Fast Refueling Stations – These operate like traditional gas stations fueling a single vehicle at a time
• Slow Refueling Stations – These stations are capable of simultaneously refueling hundreds of heavy vehicles, such as trucks or buses.
• Mobile NGV Refueling Stations – Mobile stations can serve vehicle fleets in areas with no natural gas pipeline or infrastructure. These semi-trailer stations are based on Energtek’s natural gas bulk transportation solutions.

The company has developed and engineered new natural gas filling stations solutions that provide cost-efficient filling of the low-pressure storage tanks on vehicles and semi-trailers. In addition to the development of traditional compressed natural gas fueling infrastructure, Energtek focuses on the development of natural gas filling stations designed to complement the company’s proprietary CNG Lite and LMP Pipeless solutions.

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Energtek Inc. (EGTK.PK) Receives Accreditation for Conversion to Natural Gas by Filipino Department of Energy

Tuesday, March 30th, 2010

Energtek Inc., a leading developer of Absorbed Natural Gas (ANG) technology, recently announced that its wholly owned subsidiary Energtek Philippines Inc. is now certified as an accredited participant in the Filipino Natural Gas Vehicle Program for Public Transport (NGVPPT), per the Filipino Department of Energy.

The accreditation correlates with the company’s short and long-term goals and entitles Energtek Philippines to convert existing vehicle to operate on natural gas.

“NGVPPT accreditation is a major step for Energtek,” Energtek CEO Lev Zaidenberg stated in the press release. “This certification greatly aids the company in its plans to become a significant provider of natural gas to the large market of small vehicles in the Philippines.”

The certification was awarded after extensive field trials of the company’s CNG Lite(TM) fuel system for small vehicles, especially suitable for gas-powered tricycles, one of the most common means of transportation in the Philippines.

The NGVPPT program allows for the conversion of large numbers of tricycles to operate on natural gas, significantly lowering the nation’s dependence on foreign oil and reducing pollution levels. According to Energtek, CNG Lite is currently the only commercially viable system that can be utilized for mass conversions of tricycles in the Philippines.

“The accreditation process was a lengthy one, requiring Energtek to perform extensive field tests over a long period to prove the effectiveness of the CNG Lite(TM) conversion system. Now that our CNG Lite(TM) fuel system has been approved for commercial application, it can be used to supply a cheaper and cleaner motor fuel that provides benefits for the entire population,” Zaidenberg stated.

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Energtek, Inc. (EGTK.PK) Announces MoU for Implementation of LMP Technology in Serbia and Macedonia

Wednesday, March 24th, 2010

This morning before the opening bell, Energtek Inc. announced that it has signed a Memorandum of Understanding with a local energy supplier for the joint implementation of its natural gas distribution technology in the Republics of Serbia and Macedonia. The parties anticipate effective commercial fuel distribution within the next several months.

Serbia and Macedonia are among the countries with the most underdeveloped gas pipeline network in Europe, but have also enjoyed the highest industrial growth rates in the last several years. For these reasons, Serbia and Macedonia are credited as having the greatest potential for gas bulk transportation projects.

An Energtek delegation led by CTO Dr. Y. Ginzburg recently conducted a series of meetings in Serbia, Macedonia, and other Balkan states. Focusing on the application of Energtek’s proprietary Low-pressure Mobile Pipeline(TM) (LMP) solution for land-transportation and distribution of natural gas to industrial and commercial consumers, the meetings resulted in the signing of a Memorandum of Understanding.

“We are pleased with the progress we have made on our recent visits to Serbia and Macedonia,” said Energtek CEO Lev Zaidenberg. “These countries have many potential users of natural gas that are not connected to the regional gas pipeline grid. Working together with local partners, we can utilize our technology to deliver natural gas to large energy consumers and contribute to a healthier environment. Natural gas is substantially cleaner than fuels derived from oil, and natural gas prices are comparatively lower than diesel or gasoline.”

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Energtek, Inc. (EGTK.PK) Erudite Management Team Key to Success

Wednesday, March 17th, 2010

Energtek, Inc., known the world over for leading the industry in innovative Adsorbed Natural Gas (ANG) technology, including technology which allows for the efficient storage of Natural Gas (NG), is a company whose success is driven by the dedication and leadership of its experienced and diversely qualified management team.

CEO of EGTK, Lev Zaidenberg, co-founder of AngStore Technologies (2002; one of three branches in what is today EGTK’s technology division), is a high-tech entrepreneur with years of advanced management experience.

Zaidenberg was Director of Business Communications for Constellation 3D Inc. from 1995 to the founding of AngStore, and also founded a software support products company called MuTek Ltd. with clients such as Microsoft, where he served as CEO until 2000.

As security and computer auditing consultant for the Israeli Defense Forces from 1984-2004, Zaidenberg is the recipient of several commendations and distinctions for solutions developed to support the Israeli Air Force and the Israeli Computer Society, and has recently received both an MBA and B.Sc. in Applied Mathematics from Tel-Aviv University.

CTO of AngStore, Prof. Yuri Ginzburg is an indisputably top intellect in world automotives. With his PhD and D.Sc in Mechanical Engineering, and his 18 patents and more than 70 scientific publications, Ginsburg has vast expertise in managing R&D teams and alternative fuel systems design and is the chief factor driving AngStore’s breakthrough technology.

Ginzburg was R&D Director for former USSR technology transfer firm Barg Enterprises LTD (1998-2003); lead developer of off-road vehicles for Rhyno Inc., USA (since 1997); lead DAF power pack-based city bus production for MIKIP LTD, Kazakhstan (1995-96); taught R&D of combat vehicles at Technion University (1992-95); and was head of the Vehicles Dept. and VP of the national test center for heavy ground vehicles for in Moscow, USSR (1986-91).

CEO of MoreGasTech Ltd., India, Mahinder S. Khatkar, a graduate of the Thapar Institute of Engineering & Technology, Punjab, has extensive knowledge and experiences from over 24 years working as a consultant to several Compressed Natural Gas (CNG) and Liquefied Petroleum Gas (LPG) companies, with specific expertise in vehicles.

Khatkar pushed CNG use heavily in Delhi and Mumbai, two of India’s largest markets, during his time at the Engineering and Projects Department of The Gas Authority of India, and was also responsible for the first successful CNG project in India via his role as General Manager and Project Manager for Mahanagar Gas Ltd. (MGL).

Treasurer of EGTK, Michael Greenfield is an 18-year veteran of international financial services with an MBA in marketing and finance from Tel-Aviv U and a BA from Brandeis. He has managed for both Israel’s second largest bank, Bank Leumi, and its supermarket chain, Supersol.

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Energtek Inc. (EGTK.PK) Advancing Natural Gas Technology

Wednesday, March 10th, 2010

Energtek Inc. is leading the drive for the development and commercialization of what some are calling one of the most unique green energy technologies. It’s called Adsorbed Natural Gas (ANG), and it makes the use of natural gas, the cleanest burning of all fossil fuels, possible in ways not available before.

It’s important to the environment because natural gas produces far less carbon dioxide, carbon monoxide, and nitrous oxides than any other fossil fuel. It’s also readily available, fairly evenly distributed throughout the world, especially in Asia where fast growing economies are energy hungry. The fact that these same countries are under increasing pressure to be environmentally responsible makes natural gas even more attractive.

The problem has been that storing and transporting natural gas isn’t as easy as working with oil. Oil and gasoline are liquids, concentrated enough to easily store and run through pipelines. But natural gas needs to be either liquefied or highly compressed, and that runs up costs dramatically. As a result, there have simply been fewer options open for the access and use of natural gas, even with all its benefits.

For example, there are literally millions of small 2 and 3-wheeled gasoline powered vehicles used for cheap transportation by businesses and individuals throughout Asia. They’re inexpensive to buy and use, but they wreak havoc on air quality. Governments would love to have them all run on clean natural gas, but simply can’t afford the infrastructure and conversions required of liquefied or compressed natural gas. And so the air continues to be polluted.

Even worse is the vast amount of available natural gas that goes untapped simply because it costs too much to liquefy or compress for transport to where it is needed. Collectively, it represents a huge, clean, and already identified energy resource, equivalent to all of the oil reserves in Saudi Arabia, that sits in the ground, uncollected.

Energtek believes it is the one company that has the answer. That answer is ANG, the use of molecular adsorption to store more natural gas under far lower pressures, eliminating the need for costly liquification or high pressure compression. Using ANG, natural gas can be transported in bulk, instead of having to build costly pipelines or use high-pressure containment systems. Suddenly, natural gas that sits in the ground can be economically extracted, transported, and used.

The company has already just completed a successful field test in western Africa for transporting natural gas, and is now discussing terms of commercial cooperation. In India, its subsidiary, Moregastech India Private Limited, is expected to report its first revenues in a few months for natural gas transport. In addition, Energtek has completed a successful trial in the Philippines for the conversion of small vehicles to natural gas.

The bottom line is that Energtek is in transition, from a company with a great idea to a company with a viable technology that is being actively sold.

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Energtek, Inc. (EGTK.PK) Acquires Accreditation from Philippines Department of Energy

Thursday, March 4th, 2010

Energtek Inc., a world leader in the development of Adsorbed Natural Gas (ANG) technology, announced that its fully-owned subsidiary, Energtek Philippines Inc., has been certified as a duly accredited participant in the Filipino Natural Gas Vehicle Program for Public Transport (NGVPPT).

The official Certificate of Accreditation was issued by the Filipino Department of Energy. Through the accreditation Energtek Philippines Inc. is entitled to convert and retrofit existing vehicles to operate on Natural Gas, as well as provide ongoing Natural Gas supply to the vehicles as fuel. According to the press release, the certification was issued after extensive field trials of the company’s CNG Lite(TM) fuel system for small vehicles.

The company’s CNG Lite(TM) system for small vehicles is particularly suitable for gasoline-powered tricycles, which represents one of the most popular forms of transportation in the Philippines. There are millions of these tricycles in the Metro Manila area, contributing to dangerous pollution levels.

The provision of gas through the NGVPPT program will allow the conversion of large numbers of gasoline powered tricycles to operate on Natural Gas, significantly reducing the nation’s dependence on foreign oil as well as pollution levels. CNG Lite(TM) is currently the only commercially-viable system that can be utilized for mass conversions of tricycles in the Philippines.

“NGVPPT accreditation is a major step for Energtek,” stated Energtek CEO Lev Zaidenberg. “This certification greatly aids the company in its plans to become a significant provider of Natural Gas to the large market of small vehicles in the Philippines.”

He continued, “The accreditation process was a lengthy one, requiring Energtek to perform extensive field tests over a long period to prove the effectiveness of the CNG Lite(TM) conversion system. Now that our CNG Lite(TM) fuel system has been approved for commercial application, it can be used to supply a cheaper and cleaner motor fuel that provides benefits for the entire population.”

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Energtek, Inc. (EGTK.PK) Changes The Game

Wednesday, March 3rd, 2010

Energtek Inc. is set to change the lives of literally millions of people in Southeast Asia through the successful introduction of CNG LITE™. Based upon Energtek’s proprietary ANG (Absorbed Natural Gas) technology, which allows natural gas to be stored under low pressure as opposed to costly high-pressure or liquefied natural gas alternatives, the CNG LITE system makes it cost effective to convert the huge number of 2 and 3 wheeled motorized vehicles, so common in that part of the world, to natural gas, the cleanest burning of all fossil fuels.

The potential impact of this new technology, both on individuals and the environment, is so great because of the sheer number of such vehicles currently in use. Right now there are over 300 million motorized 2 and 3 wheeled vehicles on the road throughout the world, primarily in places like the Philippines and other developing countries. For decades they have provided cheap and easy transportation, and have been a major part of business and consumer life in developing countries around the world.

But the emissions of these little movers have seriously impacted air quality wherever they’re used, and governments have come under increasing pressure to do something about it. Until now, there simply wasn’t much that could be done. With CNG LITE, Energtek has effectively changed the entire game. By making it possible to store natural gas inexpensively, under low-pressure, Energtek has removed the primary hurdle for converting to natural gas. And natural gas, by producing far less carbon monoxide, carbon dioxide, and nitrous oxides than other fossil fuels, while also being suitable to use in motor vehicles, is the perfect answer to environmental questions. Using Energtek’s fine-tuned conversion kit technology, vehicles running on natural gas are ensured the best fuel efficiency and performance, and pollution is dramatically reduced.

Energtek is now working with governments to test and develop conversion programs. In the Philippines, the company has recently completed successful field trials, and the government there has indicated their feeling that CNG LITE system is the only commercially-viable system that can be utilized for the mass conversions of tricycles in their country.

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Energtek, Inc.’s (EGTK.PK) Adsorbed Natural Gas Technology has All the Answers

Thursday, February 25th, 2010

Energtek Inc. is a world leader in the development and commercialization of ‘adsorbed natural gas’ technology. The company has developed breakthrough natural technology which efficiently enables the increased use of natural gas in vehicle and industrial markets.

What is the company’s adsorbed natural gas technology about? Adsorption is the adhesion of molecules of liquids, gases and dissolved substances to the surface of a solid. The ability of a solid to adsorb depends on the chemical makeup of the solid and its physical structure. Activated charcoal, for example, has a very large surface area because of its porous nature. This gives it the ability to absorb large quantities of natural gas.

This characteristic of activated charcoal is useful in storing natural gas. For example, in a conventional high-pressure storage tank gas is forced into the tank under pressure. The greater the pressure, the greater the volume of gas stored in the tank. The maximum pressure, and therefore the volume of gas held in the tank, is limited by the physical properties of the tank and its valve. The addition of a microporous material into the tank, such as activated charcoal, makes it possible to do one of two things: 1) either store a larger volume of natural gas in the same container at the same pressure, or 2) store the same volume of natural gas in the container at a lower pressure.

Until now the commercialization of adsorbed natural gas technology has been hindered by several unsolved technological problems. The main challenges of adsorbed natural gas storage products development include the following:

• Sufficient volumetric storage ability that will be competitive with existing natural gas storage methods on the market
• Efficient gas filling and release from adsorbed natural gas tank for automotive applications, requiring control of thermodynamic processes
• Absorbed natural gas fueling system cost that will be competitive with the cost of current fueling systems

Energtek has carried out a pioneering research and development venture resulting in a solution to some of the key problems of the future gas and transportation industries. The result of the company’s research venture has led to the first commercially efficient system of absorbed natural gas storage.

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Energtek, Inc. (EGTK.PK) Has a Low Pressure Secret

Monday, February 22nd, 2010

Energtek Inc., specialists in the application of ANG (Absorbed Natural Gas) technology for the improved storage and transportation of natural gas, sees itself as sitting on top of some of the biggest untapped fuel reserves in the entire world. That fuel is natural gas (more specifically, stranded or associated natural gas) and it is estimated to total nearly 3,000 trillion cubic feet worldwide (that’s a 3 with 15 zeros after it.) It represents the energy equivalent of all the oil reserves in Saudi Arabia, fully 40% of the world’s total natural gas reserves, and Energtek believes it holds the secret to tapping this unparalleled resource.

In spite of economic ups and downs, the global demand for energy continues to be pushed by developing nations. The fact that natural gas is the cleanest burning of all fossil fuels makes it an especially appropriate choice for all countries facing increased environmental pressures. But perhaps the most attractive aspect of stranded or associated natural gas is that it’s already been discovered. It’s ready to be tapped, often a by-product of a producing oil well (associated natural gas).

The problem has been the cost of transporting it to where it is needed. Unlike oil, which is already in liquid form, natural gas is not easily shipped. Natural gas pipelines are simply not worth the cost if the reserve is too far away or too small. Other methods of containment and transport, such as liquefied or compressed natural gas, can also prove uneconomical. As a result, all of that valuable natural gas is frequently just burned off, a loss to the owner and the environment, or perhaps simply re-injected back into the well. In any event, it goes unused, billions of dollars in unutilized assets.

Energtek’s proprietary solutions employ advanced ANG technologies, allowing natural gas to be stored and moved in bulk using inexpensive low pressure containment. Countless reserves of natural gas that would otherwise be lost now become a viable asset for energy hungry countries all over the world. The company has already completed successful field testing of its low-pressure NG transport system for a company in western Africa, and is now discussing terms of commercial cooperation.

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Energtek, Inc. (EGTK.PK) Successfully Completes LMP Technology Field Test

Tuesday, February 16th, 2010

Energtek Inc., a world leading developer of Adsorbed Natural Gas (ANG) technology, announced today after the closing bell that the company has successfully completed a field test of its proprietary Low-pressure Mobile Pipeline(TM) (LMP) system in western Africa.

The test was performed together with a major local producer of natural gas. The local company is jointly owned by a Texas-based exploration company and a fund managing the oil and natural gas investments of a major French financial institution.

As part of this field test, natural gas was transported by Energtek’s LMP semi-trailer from an existing natural gas production site and delivered to the consumer. The natural gas was used to fuel the electricity supply system of a drilling rig.

According to the press release, Energtek and the local energy producer are now discussing terms of commercial cooperation.

“The field test proves that Energtek’s Low-pressure Mobile Pipeline technology can deliver the energy needs of industrial consumers,” stated Energtek CEO Lev Zaidenberg. “Now that the test has been completed we look forward to implementing the technology to provide a cost-efficient delivery solution for customers in various markets.”

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Energtek, Inc. (EGTK.PK) Makes Natural Gas a Natural Solution

Tuesday, February 16th, 2010

Energtek, Inc., a leader in the development and application of ANG (Adsorbed Natural Gas), holds proprietary technologies for the bulk transportation of natural gas at a time when world need for it has never been higher.

Rapidly developing nations, often with large and growing populations, face a skyrocketing demand for energy, both residential and industrial. At the same time, rising environmental and resource pressures have made the use of oil more costly and problematic than ever before. For many of these countries, natural gas offers the best solution. NG is both cheaper and cleaner than oil, and is, in fact, the cleanest burning of all fossil fuels. It is also more readily available and evenly distributed throughout the world, including areas where the need is greatest, such as Asia.

The problem is that such areas do not have the massive pipeline infrastructure necessary to adequately tap and utilize the available NG resources. For example, India’s pipeline network totals roughly 11,000 km, with Indonesia and Thailand totaling about 3,000 km and 1,000 km respectively. Compare this to the pipeline infrastructure in the U.S., which covers 18,000,000 km.

The development of expanded distribution pipelines takes a tremendous amount of capital and time, requiring large amounts of land and the resolution of many physical and legal issues. As attractive as natural gas is as an energy source, there is simply no way for current needs to be met in a timely way using pipelines. Moreover, the use of LNG (liquefied natural gas) and CNG (compressed natural gas) is also impractical for many needed applications, due to both technical and cost issues.

ANG technology represents the one realistic solution to meet the needs of the many small and widespread markets covering so much of Asia and the developing world. ANG allows natural gas to be stored under low pressures, without liquefaction, for easy transport and use by residential and industrial users. It opens up a world of economic opportunities for developing countries, and has opened up a world of business opportunity for Energtek.

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Energtek, Inc. (EGTK.PK) Commences LMP Technology Field Test in Africa

Wednesday, February 10th, 2010

Energtek Inc., a world leading developer of Adsorbed Natural Gas (ANG) technology, announced that it has sent a proprietary Low-pressure Mobile Pipeline(TM) (LMP) semi-trailer to a nation in western Africa for a commercial natural gas distribution field test. As part of this test, natural gas will be transported by the recently manufactured semi-trailer, from a distribution well-head to an off-site industrial energy consumer.

The LMP semi-trailer transports similar quantities of gas as other CNG systems, but at substantially reduced pressures. This ability significantly reduces the costs of natural gas compression and decompression associated with other mobile bulk transportation systems.

“After an extensive development process, Energtek’s Low-pressure Mobile Pipeline technology is ready for commercial application,” stated Energtek CEO Lev Zaidenberg. “This field test represents a significant milestone for our LMP technology, and we are confident that additional commercial milestones will follow shortly.”

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Energtek, Inc. (EGTK.PK) Hits The Road

Monday, February 8th, 2010

Energtek Inc., leading developer of the revolutionary ANG (Adsorbed Natural Gas) process for the containment and transportation of natural gas, is facing a potential market of truly grand proportions as it begins applying ANG technology to on-the-road vehicles around the world.

Globally, there are over 1 billion motor vehicles currently operating, including millions of 2-3 wheeled motor vehicles commonly used in Asia. Rapidly developing countries are seeing huge increases in vehicle numbers, with a corresponding jump in the demand for fuel, which in turn has caused additional fuel supply and air quality problems. All of this has accentuated the search for fuels that are cleaner, cheaper, and more immediately available.

Because natural gas is the fuel best able to address these challenges, the number of natural gas powered vehicles continues to grow by over 30% annually. Natural gas is the cleanest burning of all fossil fuels, and is plentiful, distributed more evenly throughout the world. Today there are already nearly 9 million natural gas powered vehicles on the road, but this is only a small fraction of total vehicles, emphasizing the growth potential available to any technology that can facilitate the move to natural gas.

Unfortunately, costly refueling infrastructure, together with the problem of integrating high-pressure natural gas tanks into vehicles, has limited the growth of natural gas vehicles. But Energtek’s proprietary ANG technology now makes it easier to convert even small vehicles to natural gas, in addition to reducing the cost and work involved in developing a natural gas refueling infrastructure.

Energtek’s Adsorbed Natural Gas technology allows containment and refueling under far lower pressures, making the use of natural gas more attractive. Applications previously considered impractical are now realistic.

A prime example is the fast growing use of 2 and 3 wheeled vehicles in developing Asian countries. It’s a global market of approximately 300 million, but one for which natural gas was impractical until now due to the cost and impracticality of high-pressure NG systems. Energtek’s proprietary low-pressure ANG solutions are making the use of natural gas possible in small vehicles. The company has already completed successful field trials in the Philippines, in conjunction with the Ministry of Transportation there. Energtek’s CNG LiteTM system is now considered the only commercially-viable system that can be utilized for the mass conversions of tricycles in the Philippines.

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Why Natural Gas? Energtek, Inc. (EGTK.PK) Has the Answer

Thursday, February 4th, 2010

Energtek Inc. is a world leader in the development and commercialization of Adsorbed Natural Gas (ANG) technology. The company’s proprietary technology provides a more efficient and cost-effective method in bringing natural gas to end-users versus existing compressed natural gas (CNG) and liquefied natural gas (LNG) technologies.

The supply of cheap and easy-to-access oil is becoming more and more limited every day. Resources necessary to produce oil – equipment, manpower, financial resources – are also rather limited. These factors together are driving the price of gasoline higher and higher. Rather than chasing after a diminishing resource, Energtek firmly believes there is a better way. There are several solid reasons that natural gas is the most practical motor fuel alternative to oil.

Natural gas is cheaper and environmentally cleaner than oil. In addition, it is available in greater quantities and in general, is more evenly distributed throughout the world. In many places around the globe, with natural gas available locally offering low transportation costs, natural gas costs much less than it does to import oil. Prices are determined locally – there is no international spot market for natural gas as there is for oil. Also, natural gas does not have to be refined, like oil, in order to used as a motor oil.

Natural gas is primarily composed of methane. Methane is one of the simplest and most abundant resources found in nature. Unconventional natural gas resources including methane hydrates are the most abundant fossil fuel on the planet and represent a powerful untapped potential. Estimates place the number of methane hydrates at 6,500 times higher than the amount of natural gas produced worldwide in 2006. It is believed that nearly one-third of all methane hydrates are located within the provincial waters of the United States.

Another reason Energtek believes a switch to natural gas makes sense is that converting internal combustion engines to run on natural gas and other alternative fuels is a rather easy and inexpensive process. Perhaps the most important reason for a switch to natural gas-powered vehicles is that methane is the cleanest burning of all existing fossil fuels and is even cleaner burning than several renewable fuels. Adoption of natural gas as a motor fuel would have a tremendously positive effect on the environment of the planet.

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Energtek, Inc. (EGTK.PK) Announces Initiative to Implement LMP Technology in Africa

Monday, February 1st, 2010

Energtek Inc., a world leader in the development of Adsorbed Natural Gas (ANG) technology, announced earlier today plans to implement its natural gas distribution technology in western Africa. The announcement follows a lengthy appraisal of commercial opportunities in the region.

Energtek CEO Lev Zaidenberg, CTO Yuri Ginzburg and other staff members recently concluded a series of visits and meetings in Africa. The visits focused on the application of Energtek’s proprietary Low-pressure Mobile Pipeline(TM) (LMP) solution for land-transport distribution of indigenous natural gas to industrial and commercial consumers. Additional details are anticipated in the near future.

“Many African nations are home to significant quantities of indigenous natural gas,” stated Energtek CEO Lev Zaidenberg. “Our technology can deliver these valuable resources to local energy consumers, at comparatively lower prices than oil or gasoline.”

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Energtek, Inc. (EGTK.PK) – Unlocking The Future Of Natural Gas

Friday, January 29th, 2010

Energtek, Inc., a world leader in the development and commercialization of ANG (Adsorbed Natural Gas) technology, sees itself as realizing the full potential of natural gas, which they consider to be the most practical alternative to oil-derived fuel. Through the use of their advanced ANG technology, natural gas can be stored under lower pressures, providing a number of valuable options to users.

For example, storing the same amount of natural gas in the same volume, but with lower pressure, increases the possible applications of natural gas. Low pressure storage tanks and fueling systems are simpler and less expensive. This makes it feasible for millions of the world’s smallest vehicles, such as the three-wheeled motorized bikes so common in Asia, to run on natural gas, which is far cleaner and cheaper than oil. On the other hand, existing high-pressure equipment and storage is made more efficient with ANG technology, since it allows more natural gas to be stored in the same volume.

Increasing the efficiency of natural gas storage with ANG technology also means that it becomes easier and cheaper to transport natural gas, especially in places where no gas pipeline or compressing infrastructure exists. As global markets seek to diversify their energy sources, this offers countries in Asia and elsewhere new possibilities regarding the resources they can consider and where they can be delivered.

By making natural gas more transportable and usable, Energtek enhances the already significant benefits of natural gas. Not only is natural gas less expensive than oil in most countries, it is the world’s cleanest fossil fuel, greatly reducing greenhouse emissions. It is also a resource that is more evenly distributed throughout the world than oil, making it a viable option to more countries.

Energtek sees ANG technology as a key to unlocking these benefits for Asia and much of the world.

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Energtek, Inc. (EGTK.PK) Completes Production of World’s First Low-Pressure Semi-Trailer

Wednesday, January 27th, 2010

Energtek Inc. is a world leader in the development of Adsorbed Natural Gas (ANG) technologies. The company develops and applies proprietary low-pressure storage technology to provide complete “well-to-wheel” pipeless natural gas supply solutions to vehicular and industrial consumers around the globe.

Recently, the company announced that it has completed the production of the world’s first low-pressure mobile pipeline (LMP) semi-trailer. The LMP semi-trailer has been manufactured to transport natural gas to industrial customers at a pressure of up to 90 bars. Existing compressed natural gas (CNG) semi-trailers transport comparable quantities of natural gas at a much higher pressure – 200 bars. Transporting at lower pressure than existing solutions enables substantive capital and operational cost savings for customers.

Energtek’s semi-trailer is ready to be deployed for commercial use. The proprietary semi-trailer has been designed according to rigorous German engineering standards and has been certified for safety and quality by TUV Rheinland. The company is currently organizing a commercial low-pressure gas transportation project and expects to utilize the semi-trailer in the near future.

The LMP semi-trailer enables the cost-effective transport of natural gas to industrial and commercial energy consumers not connected to the gas network – that is, without access to a pipeline. Energtek has developed their technology to respond to a need in the marketplace. This will be a real opportunity for the company due to several factors including: increasing demand for cheaper and cleaner fuel, high capital costs for CNG trailers and related equipment, and lagging development of new gas pipelines.

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