NetworkNewsBreaks – Petrogress, Inc. (PGAS) Furt

NetworkNewsBreaks – Petrogress, Inc. (PGAS) Further Diversifies Revenue Stream with New Venture

Petrogress, Inc. (OTC: PGAS) has created a diversified revenue stream, giving it a significant advantage over similar companies working in the oil and gas shipping arena. A recent article discusses a recent venture and the formation of “PG Cypyard & Offshore Service Terminal Ltd. (“Cypyard”), through the company’s wholly owned subsidiary, Petrogress Int'l, LLC. The article states, “Cypyard is concluding negotiations for an operations and management agreement covering ports in Hellenic Cyprus, including the Port of Limassol, directly with the Cyprus Ports Authority. Current plans include a long-term lease with renewal options covering all in-place port facilities, including floating dock and dry dock areas, with cranes and scaffolding, construction and repair workshops and storage, and complete on-site administrative and office space.”

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