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SIEGY Siemens AG (PK)

96.715
1.07 (1.11%)
Last Updated: 17:54:28
Delayed by 15 minutes
Name Symbol Market Type
Siemens AG (PK) USOTC:SIEGY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  1.07 1.11% 96.715 96.63 96.82 96.97 96.23 96.97 21,384 17:54:28

Siemens Energy to Provide Cryogenic Boil-Off Gas Compression Train in Nigeria

23/09/2020 2:45pm

Dow Jones News


Siemens (PK) (USOTC:SIEGY)
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   By Mauro Orru 
 

Siemens AG's Siemens Gas and Power GmbH & Co. KG said Wednesday that Siemens Energy has received an order from Nigeria LNG for a cryogenic boil-off gas compression train at a plant on Bonny Island, Nigeria.

Delivery is scheduled for the fourth quarter of 2021, it said, but financial details for the order weren't disclosed.

"The new BOG compression train will contribute to NLNG's goal of reducing greenhouse gas emissions in a highly sustainable manner," said Arja Talakar, senior vice-president of industrial applications products for Siemens Energy.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

September 23, 2020 09:30 ET (13:30 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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