Green Gas and A.A. Skochinsky Institute of Mining join forces in Russia

22 September 2011: Green Gas International and the AA Skockinsky Institute of Mining (SIM) are pleased to announce the signing of a Cooperation Agreement. The agreement facilitates the joint development of coal mine methane (CMM) drainage and utilization projects in the Russian Federation through a joint venture company.

The joint venture partners aim to develop the Russian Coal Mine Gas market through sustainable and proven solutions to transform polluting methane gas from coal mines into clean energy. The partnership will carry out coal mine methane projects to mitigate the effect of climate change through the capture and conversion of hazardous methane into valuable energy to supply to the region. The other significant benefit is that this results in substantial reductions of CO2 emissions.

The partnership is expected to be highly effective due to the combination of the successful track record of Green Gas in climate mitigation projects, and SIM's in-depth knowledge of the local market requirements and regional experience with coal mines.

Bob Shekleton, Green Gas Managing Director for Russia, Ukraine and China, commented: "Green Gas International is excited to work with a partner such as SIM and to provide our international experience, project development and management capability (invest, design, build and operate) to jointly develop and implement projects in the Russian Federation. SIM's pre-eminent position and detailed knowledge of the Russian coal mining industry adds greatly to the capability of the team."

Igor Levankovskiy, Acting Director General of the Skochinsky Institute of Mining expressed his pleasure at the prospect of cooperating with Green Gas. In addition he noted that: "We expect to have identified specific commercial projects by the end of 2011. This will help ensure a solid foundation for future sustainable growth. This joint venture marks an important step in bringing proven international expertise and technology to provide a commercially attractive solution for Russia's coal mining industry."

Notes to Editors
Green Gas International B.V. is the only specialist company offering end-to-end projects (invest, design, build, own and operate) around the world. The company has a track record of over 50 sustainable projects, successfully delivered over the past years. More information is available at www.greengas.net.

The Skockinsky Institute of Mining is the leading mining institute in Russia, operating under the auspices of the Ministry of Energy of the Russian Federation. SIM is responsible for partnerships with coal mines, project developers and government institutions, to promote coal mine methane drainage and utilisation projects that improve energy efficiency and mine safety in the coal mining sector.