The Government of Saskatchewan wants to supply 10% of the global helium market share by 2030, in a move that will make the province a world leader in helium production and export over the next decade.
This was the great ambition outlined in the Helium Action Plan: From Exploration to Exports. Released on Monday (Nov 16) by the Government, the plan provides policy and program commitments to support and grow the entire helium value chain.
Believed to increase production through an additional 150-plus dedicated helium wells, build up to 15 helium purification and liquefaction facilities and generate annual helium exports worth more than $500m, the action plan lays the foundations for the future of helium.
As gasworld hear from Saskatchewan’s Energy and Resources Minister Bronwyn Eyre back in September, Saskatchewan has the fifth-largest helium resource in the world with significant underground reserves with some attractive geology.
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