The first proposed helium plant tacked on to a US LNG export facility has been announced, that will produce 200mmcf/y of helium (~3% of global supply), starting up in 2024. The LNG plant takes in around 800bcf of gas, which implies that the helium concentration is just 0.025%, lower than even the 0.04% in Qatar's gas in the North field. We believe that the "unique technology" is simply the membrane technology to concentrate the helium from the gas stream. There is further potential to replicate this in the US, with numerous other LNG plants operating and planned.
200mmcf/y Helium Plant Planned for US Gulf Freeport LNG facility
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