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GE Contract Extended

Sakhalin-2 project operator Sakhalin Energy has extended its $333 million contract with General Electric for sixteen years, GE said, Interfax reported.

The current service contract is set to expire in 2016. The contract extension covers four GE Frame 7EA gas turbines for the Sakhalin liquefied natural gas plant and five GE Frame 5 gas turbines used in the generation of electricity for local needs. The service contract with GE includes insurance for planned and unplanned power shut-offs, the provision of spare parts and repair work, remote monitoring and diagnostics, and on-site GE technical specialists. The contract will be supported by the GE technical service center in Kaluga Region.

(MT)

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