Bulgaria's Economy Ministry is examining the possibility of using the storage and capture of carbon dioxide (CO2) technology on the territory of the country, Dnevnik said. The Ministry has agreed to finance the project in collaboration with the European Bank for Reconstruction and Development (EBRD), which will be focused on examining whether Bulgaria has geological capacities for building CO2 depots and whether the new technology implementation would be economically viable. After capturing, CO2 is compressed and then liquefied and stored 800 metres underground. According to preliminary studies conducted by the project's contractors Worley Parsons and INYPSA, there are several appropriate sites for storing CO2, including the vicinity of Galabovo, Cherkovo, Pavlikeni and Yambol.
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