- GE, REP Holding Reach Milestone in Implementation of 2008 Technology Licensing Agreement
- Project Advances GE's Localization and Growth Strategies in Russia
- Unit to Power OAO Gazprom's Compressor Stations on Bovanenkovo-Ukhta Gas Trunk Line
ST. PETERSBURG, RUSSIA ---April 3, 2012---GE (NYSE: GE) today announced that the first 32-megawatt MS 5002E gas turbine unit fully assembled in St. Petersburg has successfully passed commissioning acceptance tests at REP Holding's (REPH) Nevsky Zavod manufacturing facilities.
Under a 2008 license agreement between REPH and GE Oil & Gas, REPH is assembling "Ladoga 32" gas compressor units based on MS 5002E gas turbines in Russia. The successful acceptance test represents an important milestone in REP Holding's plans to sell the Ladoga gas turbine technology in Russia as the country modernizes its energy infrastructure.
"As a result of the successful testing of the gas turbine, our review committee confirmed that the first 'Ladoga GPA-32' unit can be delivered to the customer, OAO Gazprom, which plans to use the technology to power compressor stations on the Bovanenkovo-Ukhta gas pipeline," said Sergey Nikischenkov, vice president.
The successful test also reflects GE's localization strategy to bring its businesses closer to where the company operates around the world.
"The commissioning of the first MS 5002E turbine assembled under our license agreement with REP Holding represents an important success story for GE's localization and growth initiatives in Russia," said Andrey Chernobrovkin, operations and technology localization director for GE Oil & Gas. "We are committed to supporting the growth of Russia's energy infrastructure by delivering cost-effective power generating technology and services solutions to our customers."
A key benefit of the MS 5002E/Ladoga 32 turbine is that it can be fully serviced at the customer site, which is especially important under extremely harsh weather conditions and in remote areas of Russia where transporting equipment is costly and difficult.
The MS 5002E technology is a significantly upgraded version of GE's MS 5002 product line, and it offers high efficiency, low emissions and a proven service life to customers. The product line has reached more than 16 million operating hours worldwide.
About GE in Russia
GE has been operating in Russia since the early 20th century, supplying equipment and services for the development of the country's energy infrastructure. To date, more than 400 gas turbines, 65 steam turbines, 700 compressors and more than 600 units of other equipment produced by GE---including air coolers, capacitors, gas separators and pumps---have been installed in Russia and the CIS.
In 2010, GE opened its Energy Technology Center, a service center for installed generating equipment, in Kaluga oblast. In September 2011, GE, Inter RAO EES and ODK also established a joint venture to localize the production, sales and servicing of GE's 6FA heavy duty gas turbines in Rybinsk, Russia.
GE and REPH signed their MS 5002E gas turbine technology transfer and localization licensing agreement in March 2008.
About GE
GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.
GE Energy works connecting people and ideas everywhere to create advanced technologies for powering a cleaner, more productive world. With more than 100,000 employees in over 100 countries, our diverse portfolio of product and service solutions and deep industry expertise help our customers solve their challenges locally. We serve the energy sector with technologies in such areas as natural gas, oil, coal and nuclear energy; wind, solar, biogas and water processing; energy management; and grid modernization. We also offer integrated solutions to serve energy- and water-intensive industries such as mining, metals, marine, petrochemical, food & beverage and unconventional fuels.
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Ken Darling
Masto Public Relations
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GE news Ekaterina Goron Fabio Pianini
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