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Gazprom and United Engine Corporation stepping up joint efforts in innovation

#Documents signed #IR releases

Oleg Aksyutin, Member of the Management Committee, Head of Department of Gazprom, and Alexander Artyukhov, Director General of United Engine Corporation (UEC), today signed at the St. Petersburg International Economic Forum 2017 an Agreement for cooperation and partnership in the field of innovation.

The signing ceremony took place in the presence of Alexey Miller, Chairman of the Management Committee of Gazprom.

The agreement provides for the implementation of a joint innovative project aimed at modifying standard gas compressors to improve their productivity and energy efficiency by using a methane-hydrogen mixture as a fuel, as well as other projects within the framework of the Gazprom Innovative Development Program until 2025.

Gazprom holds patents for methane-hydrogen fuel production and use registered in such countries as Russia, South Korea, and Japan.

The partnership between the companies will also contribute to the expansion and diversification of the natural gas-based product line and to capacity development in Russia’s gas turbine industry.

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