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  • Published: Aug 13th, 2010
  • Category: Asia
  • Comments: 5

RUSSIA OKAYS CARBON CREDIT PROJECT BY JX NIPPON OIL, MITSUBISHI

| Sourced From |

TOKYO, Aug 06, 2010 (AsiaPulse via COMTEX) –

Japan’s JX Nippon Oil & Energy Corp. and Mitsubishi Corp. (TSE:8058) Thursday announced that the government of Russia has approved a joint implementation (JI) project in which the two companies will work with Russian oil giant Gazprom Neft to recover and utilize flare gas in exchange for carbon emission rights.

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