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Gaz de France strengthens its commitment to CO2 storage

September 27, 2007

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Paris, September 27, 2007 - Gaz de France has signed a cooperation agreement with the Vattenfall Group for a CO2 pilot project in Germany. CO2 injection is today a major area of research in Europe in order to tackle global warming.

Under this agreement, Erdgas Erdöl GmbH Berlin (EEG), a 100% exploration-production affiliate of Gaz de France in Germany, will use CO2 for the enhancement of gas recovery (EGR) from its almost depleted Altmark gas field, the second largest onshore field in Europe. Vattenfall will deliver the carbon dioxide required for this process from its own power plant processes.

This project, which will contribute to Gaz de France's research programme on capture, injection and storage of CO2, will need approximately 15 months to implement.

It is consistent with Gaz de France's sustainable development policy and its drive to reduce greenhouse gas emissions. The Group is involved in several European projects focused on CO2 storage. For example, during the past few years Gaz de France has carried out CO2 injection experiments on the K12-B field in the Dutch North Sea.

The CO2 pilot project in the Altmark demonstrates Gaz de France's commitment to developing innovative technologies that respect the environment. 

 

Group profile:
The Gaz de France group is a major player in the European energy market. Ranked first for the distribution of natural gas in Europe, Gaz de France employs close to 50,000 people and, in 2006, generated €28 billion in sales. The group boasts a portfolio of around 14 million customers, 11.1 million of whom are based in France. Listed on the Paris Bourse, Gaz de France is part of the CAC40 and the Dow Jones Stoxx 600.

  

Press Contact:
Sabine Wacquez
Tel. +33 1 47 54 24 43
E-mail. sabine.wacquez@gazdefrance.com

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