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FINANCIAL NEWS
The world’s largest Helium refinery to launch in Qatar
10 Jul 2013
(MENAFN) The world’s largest helium plant is set to open in Qatar, as RasGas the company that is already operating the first helium refinery announced that the second plant will be twice larger than the first one, Arabian business reported.
Helium 2 is expected to produce 1.3 billion cubic feet a year, combined with the production of Helium 1 it will cover 25% of the world demand of liquid helium.
Qatar Minister of Energy and Industry, Mohammed bin Saleh Al Sada, described the project as “a testament of Qatar’s strategy of creating added value by sound development and maximum utilization of its natural resources”.
It’s worth mentioning that Qatar is the largest exporter of natural gas in the world and with Helium2 it will be the largest exporter and second largest producer of helium in the world.
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