Gazprom plans to become one of the largest helium producers after the launch of the Amur GPP

Gazprom plans to become one of the largest helium producers after the launch of the Amur GPP

MOSCOW (Reuters) – The state concern Gazprom (MCX: GAZP) expects to become one of the largest producers of helium in the future after the launch of the Amur GPP, increasing its production 13 times, Gazprom said on Wednesday.

The planned capacity of the Amur GPP, which is being built on the border with China and should be launched in 2021, is 60 million cubic meters of helium per year. This gas is used in high-tech industries, including medicine, microelectronics, metallurgy, and the nuclear industry.

The Amur GPP, already built at 66%, will produce helium from the “wet” gas of the Chayandinskoye and Kovykta fields, which are the resource base for gas supplies to China via the Power of Siberia gas pipeline launched last year.

Previously, Gazprom planned to launch six processing lines of the gas processing plant with a design capacity of 42 billion cubic meters per year in 2021-2024.

In December last year, Gazprom attracted project financing for the Amur GPP from a consortium of European and Russian banks for almost $ 13 billion, the total project budget is estimated at approximately 1 trillion rubles.

Gazprom sees growth in demand for helium in Asian countries. It is assumed that commercial helium in containers will be delivered to a hub in the Vladivostok region, which is about 70% already built, and then exported through the ports of the Primorsky Territory.

(Olesya Astakhova. Editor Marina Bobrova)

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