The two companies have been cooperating in Exploration and Production business over the last few months and jointly highlighted projects are an example of the potential success between the two companies.

Gas Natural Recovery’s Chief Operations Officer commented on the agreement saying “This agreement for which we both share similar interests and the strong willingness of both companies to lead the era of low-carbon and eco-friendly energy. This can the basis for a new business with the aim of bringing a new energy era of clean energy.”

Gas Natural Recovery’s Chief Operations Officer also added “Gas Natural Recovery wants to play a decisive role in the process of energy transition towards a low-carbon future and this collaboration is the perfect opportunity in Eastern Europe to go in a positive direction and we want to ensure sustainable growth. Our similar culture based on integration, efficiency and a constant focus on technological innovation and research gives Gas Natural Recovery to perfect opportunity to enhance our assets in different ways.”

About Us - Gas Natural Recovery

Gas Natural Recovery is a leading innovator in the Oil & Gas industry maximizing the energy output from exploration and production of hydrocarbons in the Americas. Gas Natural Recovery specializes in developing, testing and producing solutions which capture previously wasted energy through gas capture, conversion and flare systems which can be deployed throughout the Oil & Gas industry.

Gas Natural Recovery’s BioFlares and our NatGas Flares systems are at the leading edge of technological innovation within the Oil & Gas industry. Our integrated energy recovery systems have the ability to revolutionize the industry, redefining the traditional approach to managing gas which results from exploration for oil and through biological release.

Gas Natural Recovery applies a different approach to managing natural gas within the Oil & Gas industry. Unlike many in the industry, we do not believe that traditional burn-off flares are effective in today’s carbon conscious world. The traditional approach has been to burn the gas as an inconvenient by-product of Oil production, which increases wastage and carbon emissions, and in turn reduces the operating margins of many projects. At Gas Natural Recovery, we do not believe that this approach is an acceptable ethical business practice for most Oil & Gas companies in the 21st Century.

At Gas Natural Recovery, we harness the energy reserves contained within gas which is usually burned as wastage. Gas Natural Recovery’s flare systems are designed to work in harmony with our customers’ existing operations, with the capacity to increase production, optimize operations and drastically reduce carbon emissions.