Praxair signs long-term Helium purchase agreement from NOG_by chemwinfo

8 September 2015

ABOUT PRAXAIR

DETAILS

Praxair, Inc.

announced today that it has taken another step in enhancing

its helium supply portfolio by 

signing a long-term agreement for

the purchase of helium from

Nacogdoches Oil & Gas (NOG).

NOG operates a helium-bearing gas field

in Apache County, Arizona, and will supply

up to 100 million scf per year of helium

under the agreement,

with the potential for further expansion.

This unique field produces a gas

made almost entirely of helium and nitrogen.

Because helium is the primary product,

this source provides Praxair with unique flexibility

to respond to market conditions.

Amer Akhras,

general manager,

Global Helium and Rare Gases at Praxair.

“Developing this gas field with NOG demonstrates

 Praxair’s commitment to expanding and diversifying

 our helium supply so we can continue

 to reliably meet our customers’ growing demand for helium.”

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WWW.CHEMWINFO.COM  BY KHUN PHICHAI