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Announcement of Innovative 'Geofund' Program Supports the International Geothermal Association and Hungarian Oil and Gas Company to Promote Geothe on November 15, 2006 (anglais)

On November 15, 2006, the World Bank’s Board of Executive Directors yesterday approved implementation of region-wide technical assistance to the International Geothermal Association in the amount of US810,000 dollars and a Geological Risk Insurance to MOL, the Hungarian Oil and Gas Company, PLc, in the amount of US3,720,000 dollars as the first phase of the Geothermal Energy Development Program (GeoFund) in Europe and Central Asia.
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