OREANDA-NEWS. March 19, 2008. Safe Technologies Inc. signed a contract with the oil company TNK-BP for design and construction of a waste treatment complex KTO-300 in pursuance of the Kyoto Protocol.

Konstantin Ladygin, General Director of Safe Technologies Inc., said that the contract for design and construction of a waste treatment complex was signed in February 2008 and the design work will be completed by August 2008. The cost of the contract is 60–100 million rubles. The complex will treat 7.2 tons of wastes a day. The waste treatment complex will be constructed in one of the oil fields of the Irkutsk Region where oil production is scheduled to start in 2009. Currently, oilmen use diesel fuel for burning the wastes generated by oil production activities. Replacement of diesel fuel with associated petroleum gas produced together with oil will save more than 10 million rubles every year for TNK-BP. The waste treatment complex will also generate heat that will be used for heating buildings and structures in the field. The waste treatment complex KTO-300 will be constructed in the framework of implementation of the environmental protection program of TNK-BP and make its contribution to raising the utilization of associated petroleum gas from the current 79% up to 95% by 2011.

Apart from that, the waste treatment complex KTO-300 will help TNK-BP reduce the emission of greenhouse gases into the atmosphere and subsequently make money by selling its emission quotas. Experts doubt that any oil company is capable of reducing its emissions to this extent. “These plans are very ambitious,” says Vsevolod Chastnov, Head of the Department of Technologies and Joint Projects, Energy Carbon Fund. “For the first time ever, associated petroleum gas will be used as fuel in such complexes.”