>>6471477 (pb notable)

Re: dwindling Helium resources

Looks like the US Government is investing in a new gas project in Virginia South Africa.

https://www.iol.co.za/business-report/companies/renergen-lands-40m-loan-for-its-virginia-gas-field-project-19557366

South Africa to become 8th country to export Helium by 2019. It seems the newly discovered reserves are very high in their Helium concentration - 11% by volume vs. Qatar’s 1% by volume.

“The independent reserve review estimates contingent helium reserves in the area to be up to 25-billion cubic feet. Helium is found within natural gas in concentrations typically up to 1% by volume of the gas released; however, the updated reserve review shows that the latest well drilled in the Virgina project contains a concentration of almost 11%.

Marani says this ensures the liquefied natural gas (LNG) production balances out with the helium production to ensure sufficient supply in relation to LNG demand in South Africa, unlike, for example, helium reserves in Qatar being 0.4% concentrated, meaning there is an oversupply of LNG along with it.”

https://www.miningweekly.com/article/south-africa-to-become-eighth-country-to-export-helium-by-2019-renergen-2018-03-12/rep_id:3650