Siemens Vitality Sees No Indicators of Motion on Portovaya Turbine Supply


September 30, 2022

Portovaya station – Credit score: Gazprom (File picture)

Siemens Vitality ENR1n.DE doesn’t anticipate to have the ability to ship a turbine for the Portovaya compressor station in Russia that’s used to pump gasoline by way of the Nord Stream 1 pipeline, its chief government instructed German journal Der Spiegel.

The pipeline, which was broken earlier this week in what European governments suspect could have been sabotage, is majority-owned by Russia’s Gazprom, which additionally operates the Portovaya station.

“We’re nonetheless in talks with Gazprom. However I do not see any indicators that we are going to obtain an order to ship the turbine,” Christian Bruch mentioned.

The turbine has been stranded in Germany since July, with Germany saying Moscow is stopping transport to Russia, whereas the Kremlin has mentioned transport is topic to sanctions and can’t be completed.

Bruch additionally commented on Siemens Gamesa, during which Siemens Vitality owns a majority stake, saying that restructuring on the wind turbine maker may additionally embody outsourcing sure manufacturing steps.

“The fast ramp-up of offshore wind energy would require excessive investments from producers. Nevertheless, they’re all making losses in the meanwhile,” Bruch instructed Der Spiegel.

“The query have to be allowed as to how a lot of the manufacturing we will nonetheless deal with ourselves – or whether or not we wish to bundle sure manufacturing steps with suppliers,” Bruch mentioned.

Siemens Gamesa on Thursday introduced it could lower 2,900 jobs, principally in Europe, to battle excessive procurement prices and operational points at its next-generation turbine mannequin.

 (Reuters – Reporting by Christoph Steitz. Enhancing by Jane Merriman)


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