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GAZPROM

November 6, 2003

Results of the meeting between Alexander Ananenkov and Thomas Hayek

Today, Mr. Alexander Ananenkov, Gazprom’s Management Committee Executive Chairman, met Mr. Thomas Hayek, Pratt&Whitney’s Vice President, at Gazprom’s headquarters.

Mr. Ananenkov and Mr. Hayek discussed issues on arranging the manufacture of Pratt&Whitney-developed FT8 gas turbines in Russia.

The parties signed a Letter of Intention calling for setting up a joint work group to elaborate feasibility study of the gas turbine production in Russia.

The work group will determine gas turbine series types to be used for gas pumping and power generation on the Russian and the CIS markets, consider the possibility of joint manufacture of gas turbines at a Russian plant, and develop technical, organizational, economic, financial and time criteria for assessing the project feasibility.

In addition, the issues of Pratt&Whitney’s investment and technical strategy on the Russian market under the conditions of growing competitiveness between domestic and foreign gas turbine manufacturers were also discussed at the meeting.

Our reference

Pratt&Whitney is the world’s leading company in design, manufacture and maintenance of aviation and space engines and industrial gas turbines.

Pratt&Whitney cooperates with the Perm Motors plant and the Iskra research and production company in upgrading aviation engines, and participates in modernizing 12 and 16 MW engines jointly developed by Gazprom and Aviadvigatel.

Engine enhancement will allow to improve performance and competitiveness of the engines.

DIVISION OF RELATIONS WITH MASS MEDIA

 

 

 

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