The mid-September order from the 108th District Court in Potter County, Texas, means that the CHEU, which processes the crude helium from the site and delivers it into the crude helium pipeline, can continue operating while MHC negotiates terms with Cliffside Refiners L. P. (CRLP), the owner of the CHEU.
The Court’s ruling occurs within the context of MHC negotiating a long-term agreement with the CRLP’s three partners. Two of the three CRLP partners support MHC’s continued access to the CHEU, but MHC has been unable to reach agreement with Air Products, the third partner, and unanimity is needed for the CRLP to take action.
If negotiations don’t break the impasse, the helium supply could be stopped – and for a long time, since it would take MHC a few years to build a replacement enrichment unit.
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