STWA to Test Technology for Increasing Efficiency of Oil Pipelines
Chemical-Free Alternative to Address Multi-Billion Dollar Market for Crude Oil Transportation and Deep Sea Extraction
SANTA BARBARA, CA--(Marketwire - October 18, 2010) - STWA, Inc. (
STWA's AOT™ process has been proven in laboratory tests to reduce crude oil's viscosity. This can lead to more efficient oil transportation through pipelines on land and lower extraction costs and transportation for maritime pipeline operators. Current technology includes heating crude oil and injecting Drag Reducing Agent chemicals (DRA) to reduce oil viscosity. The AOT™ method uses an electric field to reduce viscosity, which requires much less energy than traditional heating methods. By reducing the viscosity of crude oil, STWA's technology enables crude oil pipelines to operate more effectively, increasing daily flow of oil while reducing power requirements and the need for expensive chemical additives, thereby offsetting potential environmental liabilities.
"The market for oil pipeline technology that AOT™ can potentially address is growing rapidly. Our findings show that the global oil and gas pipeline market will rise from $62.2 billion in 2010 to $100.1 billion in 2020. This comes at a time of increased government and public scrutiny and regulation over how major land- and sea-based oil field companies transport oil," said Mr. Cecil Bond Kyte, Chairman and CEO of Save The World Air, Inc. "Based on offering increased crude oil flow capacity, AOT™ has the potential to address this market, reduce cost for the provider and deliver safer and cleaner solutions to this multi-billion dollar marketplace."
About STWA, Inc.
STWA, Inc. (
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