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QatarEnergy Contract for NFS Project Adding 0.8bcf/y of Helium

QatarEnergy has awarded a US$10bn EPC contract to Technip Energies-led JV for the onshore facilities of the North Field South (NFS) Project. The project includes the construction of two LNG trains, CO2 carbon capture and sequestration facilities, helium extraction and refining. NFS includes the Helium-5 plant, which is expected to add 0.8bcf/y of helium capacity from 2027 on top of Helium-4 which is adding 1.5bcf/y from end-2025. Total aggregate production capacity of helium from the three existing facilities is estimated at approximately 2.6 bcf/y. QatarEnergy said in late 2021 that marketing for the plant's helium will begin soon. Helium is extracted from natural gas produced from Qatar’s North Field, which is estimated to contain 0.04% helium.

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