Global Trade Alert
Global Trade Alert

Greece: Motor Oil gets EUR 127 million funding from the EU's Innovation Fund

Announcement

13 Jul 2023

In July 2023, the European Commission provided a financial grant to the "IRIS" project, managed by Motor Oil.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

13 Jul 2023

Revocation date:

No revocation date

Financial grant In force

On 13 July 2023, the European Commission provided a financial grant to Motor Oil to finance its "IRIS" large-scale carbon capture project in Greece up to EUR 127 million (USD 142 million). The project...

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