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January 8th, 2011
Russia for First Time Awards Japanese Companies with Emission Credits

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Japanese Mitsubishi Corp and Nippon Oil have received rights for 290,000 tones of CO2 emission from a joint Kyoto project with Russian Gazprom Neft, the Japanese companies said in a statement. This became the first time when Russia awards its quotas on greenhouse gas emissions generated from implementation of the joint implementation project (JI), emission reduction project under the Kyoto Protocol, to recover and utilize flare gas from the Yety Purovskoe Oilfield in the Russian Federation’s Yamal Nenets district. Read More

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