Global Energy Ventures (ASX:GEV)
Global Energy Ventures Ltd (ASX:GEV) provides integrated compressed shipping solutions in order to transport energy to regional markets. Global Energy Venture's business model is to build, own and operate integrated energy transport projects for either natural gas or hydrogen.
The Company's primary focus is the development of integrated Compressed Natural Gas (CNG) marine transport solutions with its CNG Optimum ship. CNG is a safe, proven lower-emission gas transport solution for the transport of gas (that is not in liquified natural gas (LNG) form.
With the world focused on transition to zero-carbon fuels, the Company has introduced the world's first large-scale Compressed H2 Ship (C-H2 Ship) design to support the transport of hydrogen as a green energy fuel of the future. Hydrogen's role in the world's energy mix will greatly assist governments and corporations with their respective net-zero carbon targets through the decarbonisation of heavy emitting industries.