Synopsis
The combined annual production of 2 billion cubic feet (bcf) at the Helium 1 and 2 plants will help meet around 25 per cent of current global demand.
DUBAI: Qatar has now become the world's largest exporter and second largest producer of liquid helium with the launch of production at a new plan with a production capacity of 1.3bn cubic feet a year.
"With the commencement of production at our Helium 2 plant, which is the world's largest helium refining facility, we are today the largest exporter and the second largest producer of helium in the world," Minister of Energy and Industry Dr Mohammed bin Saleh Al Sada said.
Al Sada said this is the result of Qatar's strategy of creating added value by sound development and maximum utilization of its natural resources.
The helium liquefier, co-owned by Qatargas and RasGas, will be operated by the latter.
RasGas announced that its new plant produced the first liquid helium for delivery to contracted customers. The plant, being operated by the Qatari LNG producer, is twice the size of its Helium 1 plant.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By - Metla Sudha Sekhar, Developer and Lead Instructor
Artificial Intelligence(AI)
Basics of Generative AI : Unveiling Tomorrow's Innovations
By - Metla Sudha Sekhar, Developer and Lead Instructor
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
By - Metla Sudha Sekhar, Developer and Lead Instructor
Artificial Intelligence(AI)
Mastering C++ Fundamentals with Generative AI: A Hands-On
By - Metla Sudha Sekhar, Developer and Lead Instructor
Artificial Intelligence(AI)
Master in Python Language Quickly Using the ChatGPT Open AI
By - Metla Sudha Sekhar, Developer and Lead Instructor
Office Productivity
Zero to Hero in Microsoft Excel: Complete Excel guide 2024
By - Metla Sudha Sekhar, Developer and Lead Instructor
Astrology
Vastu Shastra Course
By - Sachenkumar Rai, Vastu Shashtri
Data Science
SQL for Data Science along with Data Analytics and Data Visualization
By - Metla Sudha Sekhar, Developer and Lead Instructor
Web Development
A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024
By - Metla Sudha Sekhar, Developer and Lead Instructor
Office Productivity
Mastering Microsoft Office: Word, Excel, PowerPoint, and 365
By - Metla Sudha Sekhar, Developer and Lead Instructor
Marketing
Digital marketing - Wordpress Website Development
By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert
Web Development
Mastering Full Stack Development: From Frontend to Backend Excellence
By - Metla Sudha Sekhar, Developer and Lead Instructor
Finance
Financial Literacy - TDS, Budget, Income Tax Act, GST, Indirect tax
By - CA Rahul Gupta, CA with 10+ years of domain experience, trainer
Leadership
Business Storytelling Masterclass
By - Ameen Haque, Founder of Storywallahs
Future of Marketing & Branding Masterclass
By - Dr. David Aaker, Professor at Haas School of Business
HR & People Management
Human Potential and the Future of Employment
By - Lynda Gratton, Co-chair of the World Economic Forum Council on Work, Wages and Job Creation, Professor of Management Practice
Strategy
ESG and Business Sustainability Strategy
By - Vipul Arora, Partner, ESG & Climate Solutions at Sattva Consulting Author I Speaker I Thought Leader
Finance
Financial Reporting and Analytics
By - Dr. C.P. Gupta, Professor: Department of Finance and Business Economics, University of Delhi
Marketing
Digital Marketing
By - Zafer Mukeri, Founder- Inara Marketers
"The world's top LNG exporter, Qatar, which had been pumping growing amounts of helium as a by-product of gas output, is now second only to the US in helium production," Al Sada was quoted by The Peninsula newspaper as saying.
According to him, the combined annual production of 2 billion cubic feet (bcf) at the Helium 1 and 2 plants will help meet around 25 per cent of current global demand.
RasGas said off-take agreements had been signed with Air Liquide, Iwatani Corporation and Linde Gases, a Linde Group division, in the second half of 2010.
Under this pact, Air Liquide will receive 50 per cent of the annual production till 2032, while Linde Gases will get 30 per cent and the Iwatani Corporation 20 per cent.
RasGas CEO and Qatar Petroleum vice chairman Hamad Rashid Al Mohannadi said the Helium 2 plant, which broke ground in May 2010, was the second helium project to be built in the country.
"We are very pleased to report that in over 5 million man hours worked to complete this project, we have maintained a lost time incident rate (LTIR) of zero," he was quoted as saying by the newspaper.
Liquid helium is valued as a gas for its use in arc welding, high speed 'push gas' inside air-to-air missiles for guidance corrections protective gas in growing silicon and germanium crystals, cooling medium for nuclear reactors, in supersonic wind tunnels, pressurising agent for liquid fuel rockets and leak detection agent.
(You can now subscribe to our Economic Times WhatsApp channel)
Read More News on
Air Liquide
(Catch all the Business News, Breaking News, Budget 2024 Events and Latest News Updates on The Economic Times.)
Subscribe to The Economic Times Prime and read the ET ePaper online.
...moreless
(You can now subscribe to our Economic Times WhatsApp channel)
Read More News on
Air Liquide
(Catch all the Business News, Breaking News, Budget 2024 Events and Latest News Updates on The Economic Times.)
Subscribe to The Economic Times Prime and read the ET ePaper online.
...moreless