Linde, Gazprom JV helium production projects in Siberia

Linde, Gazprom JV for helium production projects in Siberia

9:37 AM, 11th December 2012
Linde, Gazprom JV for helium production projects in Siberia
Tom Blades, Member of the Executive Board, Linde.

PARIS, FRANCE: Gazprom export LLC and Linde AG, have signed a Memorandum of Understanding (MOU) stipulating cooperation in implementing new helium production projects planned by Gazprom Group concurrently with the development of the Eastern Siberia gas fields. Linde intends to act as a strategic buyer of significant volumes of helium from the new production facility in the town of Belogorsk in the vicinity of the city of Blagoveshensk, Russia. 

The plant is due to be commissioned in 2018 in parallel with the start of the flow of natural gas extracted from the Chayandinskoye field along the new gas transportation route “Yakutia - Khabarovsk - Vladivostok.” The parties also agreed to explore other opportunities of a more profound cooperation within the framework of new helium production projects in the Russian Far East.

“Linde is interested in a long-term cooperative agreement with Gazprom Export to purchase significant volumes of helium produced from this major project, and as a potential partner of Gazprom Group in helium production, marketing, logistics and other technical areas associated with helium,” said Tom Blades, Member of the Executive Board, Linde.

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