Coalbed Methane Recovery

Project Summary

The project’s objectives are to: (a) reduce emissions of greenhouse gases which are a byproduct of Ukraine’s mining sector; (b) increase resource recovery and promote the commercial extraction of coalbed methane; and (c) help increase the productivity and safety of Ukraine’s underground coal mines. The project has two components; the Mining component will undertake underground extraction of methane; and the second component will support the creation of a coalbed methane company which will carry out field tests to verify the commercial potential of surface gas extraction.

Project Details

GEF Project ID
450
Project Type
Full-size Project
Status
Cancelled
Country
Ukraine
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
CBM Unit, Ministry of Economy
GEF Period:
GEF - 1
Approval Fiscal Year:
1998

Financials

Project Preparation Grant Amount
200,000 USD
GEF Project Grant
6,000,000 USD
Co-financing Total
11,200,000 USD
GEF Agency Fees
0 USD
Total Cost 17,400,000.00 USD

Project Timeline

Project Cancelled
30 Mar 2001