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Siemens Energy and Novatek to collaborate on more sustainable LNG production

The agreement defines the framework and targets for joint activities and projects to support Novatek’s decarbonization objectives and goal to become the world’s leading supplier of clean LNG. Novatek intends to benefit from Siemens Energy’s extensive technology portfolio and expertise in sustainable energy solutions to lower GHG emissions and enhance the overall sustainability of LNG production. 
The parties intend to cooperate, in particular, on projects to increase energy efficiency and the application of digital technologies, the use of hydrogen and other carbon-neutral fuels for energy generation, the production of "green" and "blue" hydrogen, as well as in solutions for carbon capture, utilization and storage.
The partnership builds on the two parties’ longstanding business relationship and history of collaborating on world-class LNG developments, including the Yamal and Arctic LNG2 projects – both of which are located in the Yamal-Nenets Region in Northern Russia. In 2015, Siemens Energy supplied four boil-off gas (BOG) compressors and eight SGT-800 units with one core engine to the Yamal project, along with 29  of the largest and heaviest modular e-houses ever constructed. For ArcticLNG2, Siemens Energy is providing six BOG compressors and three feed gas booster compressors.
Christian Bruch, CEO of Siemens Energy: “With our extensive portfolio, from fossil fuels to renewables, we are  uniquely positioned to support the LNG sector drive toward a more sustainable future,” said Christian Bruch, CEO Siemens Energy. “The oil and gas industry faces the challenge of reducing its carbon footprint and meet the world’s growing demand for power in the most environmentally responsible manner. We are pleased by the trust of Novatek to address those challenges in close collaboration.”
<p><b>Siemens Energy</b> is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. More than 50 percent of the portfolio has already been decarbonized. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs more than 90,000 people worldwide in more than 90 countries and generated revenue of around €27.5 billion in fiscal year 2020.</p><p><a href="" target="_blank"></a>.</p>
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Janet Ofano

Siemens Energy

5101 Westinghouse Boulevard
28273-9640 Charlotte, NC 

+1 803-389-6753