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NetworkNewsBreaks – Petrogress, Inc. (PGAS) Pois

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Post# of 138
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Posted On: 03/02/2018 7:04:44 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Petrogress, Inc. (PGAS) Poised to Capitalize on Growing U.S. LNG Export Market

Diversified marine transport and offshore services company Petrogress, Inc. (OTC: PGAS) seeks to utilize its shipping expertise to enter U.S. to enter the U.S. liquefied natural gas (“LNG”) export market. An article discussing the company reads: “PGAS has set up a number of American business units to join the export extravaganza. Petrogress Oil & Gas Energy Inc., in Texas, will handle trading and logistics, while a sister subsidiary incorporated in Delaware, Navigas Carriers Inc., will manage natural gas activities. Through Navigas Carriers, PGAS plans to begin leasing LNG tankers to enter this lucrative LNG export market. To complement the shipping operations, Petrogress Oil & Gas Energy Inc. will actively seek opportunities in operating and developing natural gas production and transmission facilities, along with LNG processing, in the U.S. It will also explore opportunities for developing refinery operations in North and West Africa, and for the transport and sales of LNG in Europe.”

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