Caliche Begins Constructing US$280mm Underground Helium Storage Facility

Caliche Development Partners II has begun construction of the world's largest helium salt storage cavern at Golden Triangle Storage (GTS). Valued at US$280mm, this project, comprising two new salt dome natural gas storage caverns, is the first phase of Caliche's expansion at GTS. Caliche has also sought FERC authorisation for facility expansion and initiated processes for hydrogen storage and CO2 sequestration on leased subsurface zones in Jefferson County.

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