Serbian oil company NIS announced that it has commissioned compressed natural gas (CNG) plant at Ostrovo gas field near Pozarevac in eastern Serbia.
According to the statement from the company, NIS plans to produce 9,000 tons of CNG per year at the plant, in which construction the company has invested about 3.2 million euros and was completed in March 2017. Due to its characteristics, compressed natural gas is considered the energy source of the future, and its main ingredient is methane, which features the lowest coefficient of CO2 emission compared to all other derivatives, contributing thereby to environmental protection as an ecologically clean fuel.
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Tags: CNG, CNG plant, gas, investment, NIS, Ostrovo, Serbia