Tuesday, February 16, 2010

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

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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