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BOC ANNOUNCES RUSSIAN HELIUM SUPPLY AGREEMENT

 MURRAY HILL, N.J., May 10 /PRNewswire/ -- The BOC Group announced today that it has reached a long-term agreement to purchase up to 100 million cubic feet per year of helium produced near Orenburg, Russia, primarily to serve Western European markets.
 Russian parties to the agreement are S. E. Orenburggazprom, a division of the Russian state energy company, Gazprom, and CRYOR, a Moscow-based private company.
 The helium will be produced at a large natural gas processing facility located in Orenburg, Russia, approximately 900 miles southeast of Moscow. The Orenburg Helium Plant is responsible for nearly all of Russia's current helium production, and is one of only nine helium sources worldwide.
 Currently producing only gaseous helium, the Orenburg plant is being fitted with helium liquefaction capability and will begin deliveries of liquid helium to BOC by early summer. Under the contract, BOC also will receive deliveries of liquid helium from the Joint Institute of Nuclear Research at Dubna and from the Kurchatov Institute near Moscow.
 BOC also serves Western Europe from helium sources located in Poland and the U.S.
 Because of its unique properties, helium is critical to superconductivity research and essential to the performance of magnetic resonance imaging, an important medical diagnostic technique. Other applications include welding, electronics, cryogenic and high energy physics research, inerting, pressurization, leak detection, lifting, nuclear power generation and commercial diving.
 The BOC Group is a worldwide industrial gases, health care, vacuum technology and distribution services company, which operates in more than 60 countries and recorded sales last year of $5.2 billion.
 -0- 5/10/93
 /CONTACT: Martha L. Eckert of Airco Gases, 908-771-1491/


CO: The BOC Group ST: New Jersey IN: CHM SU:

SH-TS -- NY012 -- 6323 05/10/93 09:02 EDT
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Publication:PR Newswire
Date:May 10, 1993
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