Royal Helium has signed a deal with energy consultant Guardyan Conservation to develop a carbon credit strategy for its Steveville helium recovery plant, located in Alberta, Canada.
Under terms of the agreement, Guardyan Conservation will enter the helium exploration for into the voluntary and compliant carbon markets with the development of a carbon credit portfolio through the low emission helium production at Steveville.
Once live, the Steveville plant will be able to produce a purity level of 99.999% helium. The final helium product will be compressed to a delivery pressure of 3,000 pounds per square inch gauge and directed to a three-tube trailer loading system.
Andrew Davidson, President of CEO of Royal Helium, said the partnership builds on the company’s commitment to high environmental standards with its mandate of ensuring all available greenhouse gas emission reduction options are integrated into its facility.
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