Gentlemen & Ladies,
Lets's stay on topic here: GEV Update on ABS Approval Progress
NVG Global News
Global Energy Ventures Ltd , an Australian developer of global integrated compressed natural gas (CNG) projects, says that the test pipe required for the ABS Approval of the CNG Optimum 200 system has been delivered to Edmonton, Canada from Japan.
This test pipe is representative of high-strength line-pipe that is available on a commercial basis from several suppliers worldwide, insuring competitive pricing.
The delivery completes another significant milestone in the development and commercialisation of GEV’s Optimum technology. The pipe will undergo a sequence of tests to demonstrate that it meets all of the American Bureau of Shipping’s requirements to assure a safe and reliable CNG Optimum Ship. The testing program and ABS Approval is on-track for completion in September 2018.
GEV is finalising its CNG Optimum 200 ship design package to submit to three pre-selected ship yards in April 2018, with a view to selecting a preferred ship yard in the second quarter of 2018.
I've been known to harp on fundamentals, said to be boring, but fundamentals are what wins the game.
Key point today: "The testing program and ABS Approval is on-track for completion in September 2018."
This is something to look forward to. We're not going to 8c and we're not resting in peace as some trolls have mentioned.
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