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FAQ: Olenox Industries' Recommissioning of 162-Mile Wet Gas Pipeline
TL;DR
Olenox Industries' pipeline recommissioning creates revenue streams from NGL sales and power generation, offering investors a competitive edge in energy markets.
Olenox Industries is surveying its 162-mile pipeline through mid-February, then applying for license reinstatement to operate as a wet gas system producing both NGLs and dry gas.
This project enhances energy infrastructure efficiency, supporting reliable power generation and resource utilization for communities while reducing waste through surplus gas conversion.
Olenox Industries is repurposing a 162-mile pipeline to produce natural gas liquids and generate electricity using containerized systems, blending engineering with energy innovation.
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Olenox Industries is announcing that it has commenced recommissioning its 162-mile pipeline as a wet gas system designed to produce both natural gas liquids (NGLs) and dry gas, with plans to generate revenue from NGL sales, dry gas sales, and power generation.
The purpose is to produce natural gas liquids targeted for higher-value midstream blending markets and dry gas that will be sold into open markets and contracts, while also using surplus dry gas as feedstock for containerized generator sets to produce base and peak power for the grid.
The pipeline is positioned to generate meaningful annual revenue from NGL sales, dry gas sales, and additional upside from power generation using surplus dry gas as feedstock for containerized generator sets.
The company has begun a new survey expected to conclude in mid-February, after which it plans to apply for license reinstatement and bring the system back online.
Surplus dry gas will be used as feedstock for containerized generator sets to produce both base and peak power for the electrical grid, creating an additional revenue stream.
Olenox Industries is a multifaceted energy company focused on acquiring, operating, and scaling businesses that provide engineered solutions across industrial, energy, and infrastructure markets, including through its subsidiary Giant Containers which delivers containerized systems.
The latest news and updates relating to OLOX are available in the company's newsroom at https://ibn.fm/OLOX.
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Curated from InvestorBrandNetwork (IBN)
