News

Insight Oil and Gas AB, Sweden, has concluded a strategic agreement with the Russian Biotechnology Institute concerning joint collaborative investments in bioenergy projects in Russia. This could allow Insight to expand in Russia in the area of biogas production, including the planting of forest for energy production.

Nizhniy Novgorod will become the Russia's first city-million, switched to the European system of waste gathering and processing. The regional authorities have started with Igumnovsky landfill.

The sweeping reforms of the Russian economy have led to many market opportunities including those now apparent in the biogas sector. Thousands of farms across the state are now seen as potential customers for these systems, where not only energy can be created but also fertilizer leading to capital repayment of investment in around six months or less.

The Crimea peninsula connected with the continent through a narrow bridge is especially prone to suffer from the fuel and energy shortage. Ecologic considerations prevented until recent time the production of motor fuel in Crimea. The gas prices exceed those in the other part of the Ukraine by 5-10 per cent. The Crimean ministers are up to get rid of the energy dependency and to organize the local fuel production.