Gazprom Extends SPA with Siemens

Gazprom Extends SPA with Siemens

Gazprom’s CEO, Alexey Miller and Joe Kaeser, President and CEO of Siemens held a meeting on Thursday in Moscow where they discussed the current state and development prospects for the partnership between the companies.

It was pointed out that for more than 20 years of the cooperation the companies had successfully delivered a number of joint projects, particularly, implementation of automation and informatization systems, procurement of gas compressor and electrical equipment as well as turbines for Gazprom’s facilities, Gazprom said in a staement.

The companies supported the idea to extend the existing Strategic Partnership Agreement signed by Gazprom and Siemens in December 2011. The document provides for furthering the strategic cooperation in the Russian and international markets, including such sectors as gas production and transmission, underground storage and use as well as automation systems engineering and innovative development, power generation and energy saving technologies.

Press Release, March 27, 2014; Image: Gazprom


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