Why is high-purity helium important?

Helium, high-purity helium

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Over the past few decades, the global demand for high-purity helium has been steadily increasing. This is due to the widespread application of technologies such as MRI scanners, fiber optics, and semiconductors. However, due to the gradual depletion of existing high-purity helium resources, geopolitical instability in some production areas, and insufficient investment in new exploration and development projects, the global supply of high-purity helium has been facing challenges.

In recent years, the global high-purity helium market has experienced several shortages and price fluctuations, which have affected the supply and affordability of high-purity helium for various end-users. The US Federal High Purity Helium Reserve is the world's most important source of high-purity helium supply, storing high-purity helium produced from natural gas fields in Texas, Oklahoma, and Kansas. However, unless new legislation is passed to expand the operation of the reserve, it is expected to be depleted in the coming years.

It is expected that the Amur natural gas project will provide a new and reliable supply source for the rapidly growing demand for high-purity helium gas in the global market, especially in Asia. This project will achieve diversification of the high-purity helium supply chain, reducing reliance on US reserves and other existing sources. The Amur natural gas project is an ambitious strategic plan that brings significant technological, economic, and political challenges and opportunities for both Russia and China.