Economic prospects of helium industry development in Russia

Abstract

In this article authors examine the global and local Russian helium market and future helium trade trends; perform the analysis of helium industry development in East Siberia, its prospects and benefits, possible consumers of Russian helium; make several suggestions on its economic stimulation. The amounts of helium deposits in leading producing countries, geographical location of Russian helium resource base, technological problems on storage and transportation are also reviewed. As East Siberian gas fields are rich in helium and located near Asia-Pacific region - the main consumers of this high-technological associated gas - the problem of helium industry becomes topical. Moreover, annual losses of this rеsourсе will grow rapidly from East Siberia - Расifiс Oсеаn рiреlinе systеm is сommissionеd, so the quick protective actions are strongly required.