Gazprom keeps plans to launch helium futures

TASS Russian News Agency | Jun 25, 2019 at 6:38 PM

MOSCOW, June 25. /TASS/. Gazprom maintains plans to launch cash-settled futures for helium on the Moscow Exchange, said Dmitry Mironov, chief executive of Gazprom Energoset SPb, an oil products, liquefied petroleum gas and helium trading arm of the Russian gas holding.

"We have not dropped our plans to start cash-settled futures on the Moscow Exchange," Mironov said.

The cash settlement contract for propane-butane is planned to be launched before that, Mironov noted.

"Following the start of such contract for propane-butane, we will initiate launching of cash settlement contract for helium on the Moscow Exchange," the top manager added.