Romania wants to put pollution away in 1bn-euro storage facility

News » March, 2011 » 29 March 2011

29.03.2011, 23:46 | Environment | 1324 views

Romgaz, Transgaz and Complexul Energetic Turceni (Turceni Energy Complex), three of the biggest energy companies controlled by the Romanian state, want to invest one billion euros in a technology, which is burgeoning in Europe.

After talks running for years on liquefied natural gas terminals (the AGRI project) or submarine power cables that would carry electricity to Turkey failed to yield any results, Romania is now in a European-level competition with the biggest member states, to build a project for the storage of carbon dioxide.

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