Press

Gazprom Export LLC Signed Contracts to Supply Helium From the Amur GPP


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.


Visit source site

gazprom.com/about/subsidiaries/news/2018/march/art...

GazpromGazprom ExportAmur Gas Processing PlantAmur GPPSPASiberia

More items from oilvoice


Cue Energy Quarterly Report Q1 FY19

SUMMARY OF ACTIVITIES Highlights $3.9 million net cashflow for the quarter, increasing cash to $20.86m Paus Biru -1 Exploration well commenced operations WA-359-P 12 month Suspension and Extension granted Sustainable Business Total net production of 27,270 barrels (bbls) of ...

OilVoice Press - OilVoice


Posted 3 hours agoPress > ReportCue Energyexploration +3

88 Energy Limited Conventional Portfolio Update

88 Energy Limited (ASX: 88E) (“88 Energy” or the “Company”) provides the following update related to ongoing work on its conventional prospect portfolio at Project Icewine, located on the Central North Slope, Alaska. Highlights Icewine 3D seismic inversion substantially complete for both shal ...

OilVoice Press - OilVoice


Posted 3 hours agoPress > 88 EnergyPortfolio UpdateASX +6

Total - Australia: Ichthys LNG Project Begins Gas Exports

Paris – Total announces that the first cargo of liquefied natural gas (LNG) from Ichthys LNG has left Darwin, in the Northern Territory of Australia, following the production start-up at the end of July. Ichthys LNG will develop reserves of more than 3 billion barrels of oil equivalent located o ...

OilVoice Press - OilVoice


Posted 3 hours agoPress > TotalAustraliaIchthys +5

Gazprom to Start Production Drilling at Kovyktinskoye Field in 2019

A working meeting between  Alexey Miller , Chairman of the Gazprom Management Committee, and Sergey Levchenko, Governor of the Irkutsk Region, took place in St. Petersburg today. Alexey Miller Enlarged photo (JPG, 3.2 MB) The parties discussed ongoing and future cooperation, noting th ...

OilVoice Press - OilVoice


Posted 3 hours agoPress > GazpromProductionDrilling +6

Technical Analyst: Oil Stock Looking Set to Break Higher

Technical analyst Clive Maund charts a small-cap oil and gas company with a play in Oklahoma's SCOOP region that he sees as a strong buy. With a market crash drawing closer the only sector we will generally be buying at this time is the precious metals sector, which is about the only sector ...

OilVoice Press - OilVoice


Posted 18 hours agoOpinion > Streetwise ReportsOil StocksScoop +5
All posts from oilvoice