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gsa-announces-upcoming-sale-of-federal-helium-system-assets
gsa-announces-upcoming-sale-of-federal-helium-system-assets

GSA announces upcoming sale of federal helium system assets

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The General Services Administration (GSA) has announced the upcoming sale of the Federal Helium System assets, currently managed by the Bureau of Land Management (BLM), as directed by Congress under the Helium Stewardship Act of 2013.

Planned to start 12th July (2023), the sales process will include the Cliffside Gas Plant, federally owned plant equipment, mineral rights, helium storage reservoir, natural gas wells, and federal helium pipeline.

The federal helium system is also comprised of plant equipment, including a booster compressor, natural gas chiller skid, metering equipment, spare parts, emergency generators, storage tanks, and other machinery critical to the helium enrichment process.

Some of the plant equipment is privately owned, with the BLM maintaining operational and minor maintenance responsibilities through a lease agreement.

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