Climate Change

The environment is becoming an increasingly important factor in the evolution of energy systems, with predictable impact on the mix of primary sources and on the quality of end-use energy products as well as on the development of conversion technologies and energy use.
Climate Change is a major challenge for Petrom. In the last 4 years we actively participated in climate change protection measures, by exploring new technologies like zero-emission power plants (ZEP) and CO2 capture combined with Enhanced Oil Recovery (EOR), producing biofuels as well as implementing methods for reductions in GHG and CO2 emissions (e.g. CO2-free energy sources; more efficient energy technologies for conversion and end use; emission trading; projects for acquiring carbon credits).

Near Zero Emission Power Plant project
Petrom runs a study on a Zero Emission Power Plant as part of the OMV Group’s efforts to reduce carbon emissions. The objective of this project is to apply a new combustion technology to gas with a special composition and produce CO2 free electricity. In 2009 a contract with AE&E Austria was signed to provide sufficient technological and economic information for a decision on the investment into a Zero Emission Power Plant in Romania for mixed gas with high CO2 content with a net power output of approximately 15 MWe (megawatt electrical).

The plant will be supplied with CO2 rich gas from one of Petrom’s fields. The electrical output of the Zero Emission Plant will be used for the energy demand of Petrom operations or fed into the Romanian electrical grid. The captured CO2 of the Zero Emission Power Plant shall be compressed and reinjected into an oil reservoir to enhance oil production (EOR). This Zero Emission Power Plant could be one of the first plants of this kind in Europe given the size and natural gas fuel feed. The high CO2 content of the natural gas used is especially suited for this technology. These ZEP/EOR projects could bring a major contribution to reduce carbon emissions from fossil fuels within the next years.

Greenhouse Gas Accounting
Petrom’s direct emissions of carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O) were 4.1 mn tonnes in 2009 (2008: 5 mn t).

Greenhouse Gas Accounting

Emissions Trading
19 installations of Petrom were included in the European Union Emission Trading Scheme (EU ETS) on January 1, 2007. In 2009, one installation was shut down and pulled out from the scheme. Thus, Petrom has 18 participating installations at the end of 2009. As a consequence of emissions reduction, as well as supplementary allocations and unplanned stoppages, a surplus of 1.6 mn certificates was recorded for Petrom at the end of 2009.

Reduction of Direct Greenhouse gas emissions
Several crucial aspects for the reduction of direct GHG emissions include:

Carbon Strategy
Following OMV Group’s Carbon Strategy and targets, Petrom is committed to promote projects that secure both energy supply and reduce the environmental impact, caused by climate change. Such projects cover renewable energy, energy efficiency and innovative solutions for reduction of greenhouse gases emissions during production and industrial processes.

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