GE Energy, a unit of General Electric, Co. is displaying its broad range of offerings for the Russian energy industry at the second annual Russia Power Conference & Exhibition at the Moscow World Trade Center on March 10-11, 2004.
Among the products and services GE is highlighting at Russia Power 2004 are:
"We see significant opportunities for our products and services in Russia, which faces a growing demand for power," said John Rice, president and CEO of GE Energy. "Several factors are driving change and growth in the country's energy industry, including the increased accessibility of gas, the decentralization of electricity generation, and economic and political reforms. With our extensive experience and wide array of technology solutions, we are well-positioned to help our Russian customers succeed in this dynamic and challenging environment." Rice added that GE "is a long-time supplier of equipment and services for oil and gas projects in Russia. Our portfolio also includes the latest technology for hydropower and wind power, two areas where Russia has strong potential."
General Electric has been active in Russia since the early 1900s. GE Energy's installed base of equipment in Russia includes more than 450 gas turbines, 65 steam turbines, 300 compressors and more than 600 units of additional equipment such as air coolers, condensers, scrubbers and pumps.
GE Energy is one of the world's leading suppliers of power generation and energy delivery technology, with 2003 revenues of nearly $18.5 billion. Based in Atlanta, Georgia, U.S.A., GE Energy provides equipment, service and management solutions across the power generation, oil and gas, transmission and distribution, distributed power and energy rental industries.
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