GE Technology Helps Drive Russia Oil and Gas Industry


GE Aeroderivative Gas Turbines Ramp Up Power Production for LUKOIL's Busy Astrakhan Operations

HOUSTON, TEXAS and ASTRAKHAN, RUSSIA - One of the world's leading oil and gas companies, LUKOIL, will use GE's (NYSE: GE) innovative aeroderivative technology to provide additional energy for its operations in Astrakhan, Russia, continuing GE's history of growth in the region.

Four GE LM6000(TM)-PF dual fuel dry low emissions (DLE) Sprint aeroderivative gas turbines will help provide heat and power for LUKOIL's operations in the region where oil and gas production is a primary industry. The project represents the first dual fuel DLE LM6000-PF units packaged from GE's Houston facility. These units use two fuels- diesel and natural gas. These new turbines will join two LM6000s that began service for LUKOIL in Astrakhan on April 26, 2011.

"The LM6000's proven track record and GE's steadfast commitment to develop innovative global energy solutions, coupled with the ability to use two types of fuel and to reduce emissions, made this a good choice for LUKOIL," said Darryl Wilson, vice president-aeroderivative gas turbines for GE Power & Water. "The LM6000 product heritage of nearly 1,000 installed units and 20 million operating hours with more than 99.8 percent reliability and complete operational flexibility has made it the engine of choice in its class by the energy industry over the last 15 years. We will continue to provide solutions that drive customer success and productivity."

The LM6000-PF dual fuel DLE capability gives it the capability to operate at low emission levels in gas or liquid fuels without the need for water injection. The LM6000-PF reduces CO2 emissions by 15,000 metric tons, reduces gas consumption by over 278,000 GJ, reduces NOx emissions by 360,000 Kg and saves 37,400 cubic meters of water yearly.

The CO2 emissions reduction is the equivalent of removing 7,600 cars from E.U. roads and water savings is the equivalent to filling 15 Olympic-size swimming pools every year.

The LM6000-PF is the second aeroderivative gas turbine to receive GE's ecomagination certification, joining the LMS100 in providing customers with additional proven frame and gas turbine technologies to meet the growing need in the world marketplace.

LUKOIL is one of the world's leading vertically integrated oil and gas companies. Main activities of the company are exploration and production of oil and gas, production of petroleum products and petrochemicals and marketing of these outputs. Most of the LUKOIL's exploration and production activity is located in Russia, and its main resource base is in Western Siberia. LUKOIL owns modern refineries, gas processing and petrochemical plants in Russia, Eastern and Western Europe, near-abroad countries. Its products are marketed in Russia, Eastern and Western Europe, in near-abroad countries and in the United States.

For more than 100 years GE has been supplying equipment to develop Russia's energy infrastructure. GE Energy has had a significant presence in Russia and CIS since the early 1900s. Today more than 600 gas-turbine units, 69 steam turbines, 660 compressors, 400 of GE's reciprocating gas engines and more than 600 units of other equipment including air coolers, condensers, gas separators and pumps produced by GE Energy and GE Oil & Gas have been installed in Russia and CIS to date.

This contract is the latest in a series of announcements from GE's aeroderivative business. On Nov. 17, GE announced its first contract to provide two LMS100(TM) aeroderivative gas turbines to meet current and future energy growth in Brazil for Bertin Energia. On Oct. 7, GE announced that following the initial success of the world's first use of sugarcane-based ethanol in a gas turbine system, it has received a contract from Petrobras to convert a second unit at the site to burn this alternative fuel. That same day, the company announced that it is building a US$10 million facility in Petropolis, dedicated to servicing the aeroderivative and oil and gas sectors in Latin America.

About GE

GE (NYSE: GE) is an advanced technology, services and finance company taking on the world's toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com.

GE also serves the energy sector by providing technology and service solutions that are based on a commitment to quality and innovation. The company continues to invest in new technology solutions and grow through strategic acquisitions to strengthen its local presence and better serve customers around the world. The businesses that comprise GE Energy ge.com/energy-GE Power & Water, GE Energy Services and GE Oil & Gas-work together with more than 90,000 global employees and 2010 revenues of $38 billion, to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; as well as other alternative fuels and new grid modernization technologies to meet 21st century energy needs.

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