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GE signs third contract for Russian gas turbines

27th June 2012

New Russian gas turbines will be used in state-controlled Gazprom projects, including the Southern Corridor and the Bovanenkovo-Ukhta gas pipelines

28 GE gas turbines will be assembled at REPH’s Nevsky Zavod plant

US energy giant, GE and REP Holding, a Russian power engineering company, have signed a contract to assemble 28 GE gas turbines at REPH’s Nevsky Zavod plant.

The deal is the third to be covered under a technology transfer and licensing agreement signed by GE Oil & Gas and REPH in March 2008, US-based GE said in a statement. A contract for the assembly of the first 19 units was signed in 2008, and a second contract for 10 units was signed last year.

The new gas turbines will be used in state-controlled Gazprom projects, including the Southern Corridor and the Bovanenkovo-Ukhta gas pipelines. Russia plans to diversify its natural gas export routes to Europe through the South Stream pipeline, which will move gas through the Black Sea to southern European markets.

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