Brief: Orlen Says 'Atlas' CO2 Storage Project To Get €223 Mln From EU Innovation Fund
BRIEF-Orlen Says 'Atlas' CO2 Storage Project To Get €223 Mln From EU Innovation Fund Oct 21 (Reuters) - Orlen SA PKN.WA:
JOINT CO2 STORAGE PROJECT ATLAS TO RECEIVE EUR 223 MLN FROM EUROPEAN UNION INNOVATION FUND
ATLAS CO2 STORAGE PROJECT TARGETS STARTING IN 2031 WITH CAPACITY OF 6 MLN TONNES OF CO2 PER YEAR
FINAL INVESTMENT DECISION ON ATLAS PROJECT IS EXPECTED TO BE TAKEN IN 2028
ORLEN UPSTREAM NORWAY HOLDS 20% STAKE IN CO2 LICENSE EXL011, AKER BP HOLDS 80%
Source text: https://tinyurl.com/2tt6hnsm
Further company coverage: PKN.WA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on ORLEN
See all newsBrief: Orlen Says 'Atlas' CO2 Storage Project To Get €223 Mln From EU Innovation Fund
Poland - Factors to Watch October 16
Saudi Arabia offers Europe more crude, traders say, as Orlen gets 4 October cargoes (updated)
Poland's Orlen to receive at least 4 Saudi crude cargoes in October, data and source say
Czech lower house gives initial backing to windfall tax on refinery sector