First Romanian carbon capture and storage project to cost one bln euros

The first project developed by Romania for carbon capture and storage - GETICA CCS - will be implemented from 2013, with its costs to stand at one billion euros, a Ministry of Economy, Trade and Business Climate official told round table debates on this issue on Tuesday.'The project will exceed one billion euros and it will be 50 percent financed via the European financial instrument NER300', advisor Tudor Serban stressed.A feasibility study is currently under way for the ...

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