Gazprom Export LLC signed contracts to supply helium from the Amur GPP
Subsidiary News
Gazprom Export LLC in the beginning of 2018 completed the bidding procedure to sell helium from the Amur gas processing plant (Amur GPP). This resulted in the signing of the long term sales and purchase agreements (SPA) and the allocation of the vast part of the Amur GPP Helium quantities among the largest global industrial gas companies. The procedure was held in 2016–2017 with the support of Gazprom Marketing and Trading Ltd.
‘In addition to natural gas rich fields of Eastern Siberia allow to produce such a valuable product as helium, which is needed by many industries. We are glad that growing demand for the products from Amur GPP – the world’s largest helium production facility – resulted in conclusion of long-term contracts’, Director General of Gazprom Export Elena Burmistrova noted.
The logistic infrastructure for the transportation and treatment of helium containers on the Russian territory, including Helium Hub in Primorsky Kray, will be built up and operated by Gazprom Gazenergoset Helium LLC. Once prepared for exports, the helium containers will be delivered from the Russian Far East ports to the global markets.
Background
The Amur GPP will become the largest in Russia and the second largest in the world gas processing plant with annual capacity of 42 billion cubic meters of feed gas. The plant will process multi-component gas from the Yakutian and Irkutsky gas production centers and extract valuable components, primarily helium, ethane, LPG and pentane-hexane fraction for the purposes of the petrochemical and other industries. The processed natural gas will then be exported to China via the Power of Siberia pipeline. The Amur GPP helium facility is to be commissioned in 2021 and will reach the annual output of 60 million cubic meters (2.1 bscf) by 2026–2027.
