Russia sanctions could hit GEH equipment supplies
A generation plant operated by GEH subsidiary Mosenergo. GEH could face equipment shortages. (Gazprom)
Foreign suppliers have warned Gazprom Energoholding (GEH) it stands to lose advances it has paid for power generation equipment if Western countries impose new sanctions against Russia, according to GEH’s Director Denis Fyodorov.
He made the comment after signing a memorandum on turbine deliveries with Urals Turbine Plant, a subsidiary of Russian group Renova.