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25

Gazprom, Siemens Closing Partnership Contract

World's oil giant Gazprom and another titan Siemens have signed papers on strategic partnership assuming the way for their wider cooperation in the oil and gas industry inside Russia and in other countries

World’s oil giant Gazprom and another titan Siemens have signed papers on strategic partnership assuming the way for their wider cooperation in the oil and gas industry inside Russia and in other countries.

The Russian oil giant said in a statement cooperation would encompass innovative technologies, automation, computerization, tele-mechanics and telecommunications, electric power production, the development of off-shore oil and gas fields, energy saving and ecology.

Gazprom and Siemens have been cooperating since 1993. The largest joint projects were realized in the sphere of telecommunications and the automation of materials processing.

“As far as I know, the company is prepared to advance cooperation with Russian partners and we shall be glad to see that,” the Russian head of state said.
For his part, Peter Loescher said his company attached great importance to partnership with Russia.