Helium storage is “a new game” in the global helium market, with billions of cubic feet now held in underground salt caverns and the major industrial gas players investing in storage sites.
That was noted by Rich Brook of Garrison Ventures this morning at gasworld’s Helium Super Summit in Austin.
Helium storage caverns – typically salt caverns – use underground salt formations to safely and efficiently store helium gas under high pressure.
Helium can be stored in the caverns for decades and quickly withdrawn when demand spikes. Salt caverns support high cycling rates, allowing for frequent withdrawals without damaging the structure.
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