© Messer
© Messer

Messer confirms itself as highest bidder in US federal helium reserve sale

Messer has confirmed itself as the highest bidder for the two federal helium assets that were put up for auction by the General Services Administration (GSA) last month (25th January 2024).

Two assets were up for sale at the bidding event, one consisting of one billion standard cubic feet of helium.

The other asset up for grabs was made up of real property assets, including the Cliffside Gas Field Facility, a 423-mile-long crude helium pipeline, the Satanta, Kansas Maintenance Station, 800 million standard cubic feet of crude helium, 23 natural gas wells, plus the native natural gas and crude helium remaining in the Cliffside Field.

Read more: GSA opens bids for sale of federal helium assets

gasworld understands that Messer was the only bidder for the first asset, offering $21m. The second lot of assets was bid for by both Messer and Lazarus Energy Holdings. Messer is thought to have placed a bid of $353,350,000, and Lazarus Energy Holdings placed a bid of $30,100,000.

Messer had already been operating the Crude Helium Enrichment Unit (CHEU), successfully delivering one billion standard feet of helium through a temporary agreement with the federal government in April 2022.

Read more: Messer supports helium supply as federal helium reserve sale nears

Elena Skvortsova, President and CEO of Messer Americas, said she is pleased with the outcome of the auction.

She said, “Messer is committed to providing a safe and reliable supply of this vital resource that is used in many industries, including scientific, medical, and defence applications.”

Messer is now preparing to complete the transaction with the GSA and other US regulators.

Skvortsova concluded, “We want to thank the BLM for its trust in Messer over the last two years, and we look forward to cooperating with the BLM, GSA, and other government regulators to complete the necessary requirements to transfer ownership and operation of the assets.”

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Our Helium Super Summit 2023 agenda was focused on the most significant challenges facing the helium business in 2023/24 and the uncertainty that hangs over the market and its array of end-users. Our 2023 summit has had over 400 attendees and is sold out, so we recommend securing your space. You can book your ticket or register interest here https://bit.ly/gasworldconferences .

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