01 October 2003 20:14
Russian gas giant to invest 8bn dollars to cut carbon dioxide emissions
Moscow, 1 October: Russia's gas giant Gazprom plans to invest approximately 8bn dollars in a comprehensive
programme to reduce carbon dioxide emissions by 2006, the head of Gazprom's gas transportation department, Bogdan
Budzulyak, told a news conference Wednesday [1 October]. The company plans to invest 30-35 per cent of the funds in
resource-saving programmes, he said.
Meanwhile, the company's priority is energy conservation in Gazprom's joint venture with Germany's
Ruhrgas to complete optimization of Volgatransgaz' pipeline system, he noted. The optimization would lead to lower
gas consumption in power production, and would reduce carbon dioxide emissions by 440,000 tonnes annually.
Gazprom plans to reduce emissions of greenhouse gas to 188m tonnes by 2008, and 145m tonnes by 2012, he said.
[Prime-TASS news agency] |
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