South Stream Strengthens Ties with Siemens

South Stream Transport clinched a new deal with Siemens to supply electrical systems for the offshore section of the South Stream project.

‘The document stipulates that Siemens will supply telecommunication equipment and automatic process control systems for the Russian and Bulgarian landfalls along with the equipment for the Central and Backup Control Rooms of South Stream Transport,’ reads the document.

Alexey Miller, Chairman of the company's Management Committee, met Siemens’ President last week.

‘It was pointed out that for more than 20 years of cooperation the companies had successfully delivered a number of joint projects, particularly implementation of automation and informatization systems, procurement of gas compressor and electrical equipment as well as turbines for Gazprom's facilities,’ reads the note about the meeting with Joe Kaeser, President and CEO of Siemens.