Rolls-Royce sells turbines to Russia

Rolls-Royce is to supply two gas turbines to power Russian oil company Lukoil's power plant in Budennovsk, Russia.

Rolls-Royce is to supply two gas turbines to power Russian oil company Lukoil's power plant in Budennovsk, Russia.

Each of the Trent 60 turbines will produce 58.5 megawatts of power, which Lukoil said would enable it to reach power capacity at its Stavrolen plant in compliance with its commitments to the Russian Power Market.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.