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.”
