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Air Products and Sonatrach Sign Agreements in Algeria

Air Products and Sonatrach (the largest state-owned oil and gas company in Africa) have signed two gas production and delivery agreements with a combined value of US$100 mm. Both these deals have been conducted through their joint venture, Helios. Sonatrach will be able to recover helium from two existing LNG facilities which will be delivered to Helios's plant in Arzew. This new feedstock will increase the amount of liquid helium produced by the JV plant. The agreement also allows Air Products to design and build and HELIOS to own and operate, two new air separation plants in Algeria.

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