Naftogaz, Siemens Energy partner to guard gas sites, upgrade storage – memo

Naftogaz Group and Siemens Energy have entered into a memorandum of cooperation aimed at enhancing energy security, modernizing gas storage facilities and developing power generation projects in Ukraine. The German company's partnership with its Ukrainian counterpart seeks to devise protective measures and facilitate swift restoration of crucial energy infrastructure. The memorandum also paves the way for the incorporation of Siemens Energy's technological solutions in the realm of gas storage within Ukraine.

The collaboration will enable Naftogaz Ukrainy to leverage its expertise in safeguarding and restoring facilities, in tandem with Siemens Energy's cutting-edge technologies. This joint effort is anticipated to enhance the resilience of Ukraine's energy system. Serhiy Fedorenko, Naftogaz Ukrainy's Acting CEO, expressed confidence in the partnership, stating that their engineers are prepared to share their experience and collaborate with German counterparts on unified solutions to fortify oil and gas infrastructure and ensure a steady supply of energy.

The memorandum was signed during a Ukrainian-German roundtable, which included participation from Ukrainian President Volodymyr Zelenskyy and German Federal Chancellor Friedrich Merz.