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Resources and Connections and private Development Viru Keemia The aim of the project is to develop the energy No Loan contract has been signed 0.035 0.035 Technological risk.
Environment production activities Grupp (VKG) production facility of VKG, to improve its between EBRD and VKG in Political risk, which is
environmental protection parameters and to boost September 2014. Project will be related to the
the efficiency of energy co-generation. After completed in 2016. formation of the tax
launching the Petroter I, II and III oil shale environment.
processing plants, the production volume of oil
shale gas with high calorific value is going to
increase significantly. So that it would be possible
to direct the entire amount of gas to the processes
of co-generation of heat and power in the most
efficient way, VKG needs additional investments.
The project will include the construction of two
sulphur capture devices and the turbine as well as
the project for the construction of a limestone
plant. In the result of these investments, the
reliability and efficiency of the production facility
will be improved, and the amount of emissions of
CO2 and SO2 will be decreased significantly.
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