Alexander Medvedev, from Gazprom, and François Darchis, from Air Liquide, have finalised the signature of a Memorandum of Understanding (MOU) facilitating the potential future cooperation in the course of Gazprom’s Helium Project implementation in Eastern Siberia.

According to terms of the MOU, Air Liquide and Gazprom Export intend to study forms of strategic cooperation such as joint production, transportation, storage and marketing of helium within the Helium Project framework.

“The new Helium Project in the Eastern Siberia provides for challenging and innovative solutions in the Helium production, logistics and marketing. We hope the partnership with Air Liquide would provide the effective way of commercialising the vast Helium reserves in the Eastern Siberia ”, said Alexander Medvedev.

According to François Darchis, Senior Vice-President and member of Air Liquide’s Executive Committee, “In order to better serve its customers in the helium business worldwide, Air Liquide will bring its technological expertise and leadership to this new partnership with Gazprom as it always does with strategic partners.“

On October 30th, Gazprom had adopted the final investment decision on pre-development of the Chayandinskoye field being of top priority for the Yakutia gas production center. Gazprom will build up a gas pipeline from Yakutia to Vladivostok via Khabarovsk in order to transport gas produced from the Chayandinskoye field, thus triggering large-scale gas processing development in Eastern Russia.

A new helium production facility in the vicinity of Blagoveshensk is tentatively scheduled to commence production of liquid helium around 2018, commensurate with the extraction of natural gas from the new field.