East Siberian oil producer Irkutsk Oil will sell helium to German energy company Uniper as part of a new deal.
The two companies have signed a long-term helium sales and purchase agreement for the offtake of a portion of the liquid helium from Irkutsk Oil’s future helium production from the Yaraktinsky field.
The plant near Ust-Kut in the Irkutsk region in Russia is currently under construction, with a scheduled start of production at the end of 2021.
The Yaraktinsky plant is expected to produce approximately 10 million litres per year of bulk liquid helium when it reaches full capacity.
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