Fetching News Details

Energean proposes $500MM carbon storage facility in northern Greece
Feb. 26, 2021
Source: world oil

Energean proposes $500MM carbon storage facility in northern Greece

Energean Plc submitted a proposal to the Greek government to build a carbon dioxide storage facility and a hydrogen plant in northern Greece close to its old Prinos oil field. Capital expenditure for the project is close to $500 million. Greece produces around 60 million metric tons of carbon dioxide per year, so the project would help the country reduce its emissions by around 2.5 million tons(4%).

   Read More About : Brent Price Energean WTI Carbon Neutral
⬅ all news

Please Login to Save News for Later