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Olenox Industries (NASDAQ: OLOX) announced on Jan 27, 2026 that it has begun recommissioning its 162 miles of pipeline as a wet gas system producing both NGLs and dry gas. The company says a new pipeline survey is underway and is expected to conclude mid-February 2026, after which Olenox will apply to reinstate the license and begin bringing the system back online. Olenox plans to sell dry gas into the market and use surplus dry gas to power its containerized generator sets to supply base and peak power to the grid. The company projects the restarted pipeline will generate significant annual revenue and intends to grow returns via power generation and NGL sales.
About Olenox: a diversified energy and engineered-solutions company operating through subsidiaries including Giant Containers.