PGI Energy, Inc. (PGIE)

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PGI Energy (Pink Sheets: PGIE) announces Russian Gas Oil contract to sell more than 6,000,000 metric tons of diesel fuel over the next 12 months. Arael Doolittle, the Company Chief Operating Officer, estimates earnings of $650mil. to be derived from the sale of the fuel through PGI Energy Trading, a division of PGI Energy, Inc. “We are excited to have secured a major contract with a Russian Refinery conduit which gives us the opportunity to develop global strategic relationships in the petrochemicals market in our efforts to build out our Energy Trading Division.” PGI Energy expands and opens new office at 2700 Post Oak Blvd., Houston, TX. PGI Energy hires staff of 25 employees with additional employees to start next month. http://ih.advfn.com/p.php?pid=nmona&article=46952207