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Helios & Air Products Sign Contract for the LNG & LNG3 Complexes

Source: 10/22/2018, Location: Africa

A partnership agreement was signed at Aval headquarters in Oran, between the company Helios (Sonatrach subsidiary) and the American group "Air Products" for the realization of the project of its connection to liquefied natural gas complexes (LNG) and GNL3Z) from Bethioua to the east of the wilaya.

This contract was initialed by the CEO of Helios Mohamed Dahmane and the director of "business development" of the American group, Arnold judge, in the presence of the CEO of Sonatrach, Abdelmoumene Ould Kaddour and executives of this oil group.

This US $ 30 million (51/49) investment contract will increase Helios' gas supply in the same area producing helium and nitrogen by the two aforementioned complexes. The CEO of Helios, Mohamed Dahmane told the press after the signing of the contract, that the connection time to the LNG complex is 10 months and that the complex LNG3Z is 18 months. For his part, the business development director, Arnold Juger, valued this partnership between his group and Sonatrach, stressing that it will be extended to other areas.

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