Gazprom Energoholding and Siemens create a work group for organization of a joint venture

Denis Fedorov, Director General of Gazprom Energoholding LLC and Alexander Liberov, President of Siemens in Russia, Director General of Siemens LLC, held an extended joint technical meeting.

During the meeting, the parties noted successful experience of cooperation during implementation of projects within the framework of power supply agreements. In this connection, the parties considered issues of development of further cooperation on maintenance of gas turbines and prospects of implementation of joint projects.

Denis Fedorov and Alexander Liberov signed the Memorandum of intentions

Denis Fedorov and Alexander Liberov signed the Memorandum of intentions

In order to develop the Agreement on strategic cooperation of Gazprom Energoholding LLC and Siemens LLC, Denis Fedorov and Alexander Liberov signed the Memorandum of Intent. According to the document, the joint work group to assess possibilities is created and it shall elaborate the issues of organization of a joint venture for manufacture of high-technology equipment in Russia, in particular, vacuum generator circuit breakers and the corresponding spare parts.

The work group shall prepare a project plan of creation of a joint venture, which will be presented for decision-making at corporate levels. In case of positive decisions, start of manufacture of the equipment with localization of no less than 50 % should take place no later than 2020, and by 2022, it is foreseen to achieve the localization level of no less than 75 %.

A new production site can be launched on the basis of Siemens assembly shop in Dubna situated in Podmoskovye. It is expected that the enterprise will be engaged in designing, installation, commissioning of vacuum generator circuit breakers and provide necessary maintenance support. It is also planned to create a training centre to prepare experts in operation of vacuum generator circuit breakers. Formation of this powerful production and engineering base shall enable improvement of generator technologies on a constant basis with use of Russian scientific and technical potential.

“During the execution of the Agreement on strategic cooperation, which we concluded last May, our companies carried out preparatory work to analyze demands of Gazprom Energoholding Group companies in vacuum circuit breakers and selection of optimal technical solutions for reconstruction of the equipment. As a result of this work, preconditions were created for joint implementation of investment projects. Now the given possibilities will be considered at even more detailed level” — noted Denis Fedorov.

“Manufacture localization is one of priority directions in business development for us. Currently, Siemens has a number of production sites in the field of electric technical equipment in Russia. I am convinced that our technologies and accumulated experience will help to set up production of modern vacuum generator circuit breakers with maximum localization for such an important partner as Gazprom Energoholding LLC”, — said Alexander Liberov.


The agreement on strategic cooperation of Gazprom Energoholding LLC and Siemens LLC was concluded on May 25, 2018 within the framework of St. Petersburg International Forum. The document was signed in the presence of the Chairman of the Managing Committee of PJSC Gazprom, Alexey Miller.

Gazprom Energoholding LLC is a vertically integrated holding company (a wholly owned subsidiary of PJSC Gazprom), it manages production companies of Gazprom Group in electric power industry (PJSC Mosenergo, PJSC TGK-1, PJSC OGK-2 and PJSC MOEK) under the unified corporate standards. The Group produces about 1/6 of power energy in the Unified power system of Russia. In particular, the Group companies provide power and a heat supply of Moscow, St.Petersburg, and several other economically developed regions of Russia.

Siemens AG is among leading manufacturers of electrical and electronic products. The company has been working in Russia since 1853. Cooperation of Gazprom and Siemens is developing, in particular, in such directions as automation, telemechanical industry, electric power industry, equipment for compressor stations, technologies for development of oil and gas fields, power saving and ecology. Siemens AG is the only shareholder of Siemens LLC.


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