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Praxair calls on Congress to extend helium program deadline

1:28 PM MDT | August 27, 2013 | Lindsay Frost

Praxair has released a statement calling on Congress to extend funding for the Federal Helium Program through fiscal 2014. Funding for the Federal Helium Reserve (Amarillo, TX), run by the US Bureau of Land Management (BLM), is set to expire on 7 October—forcing the suspension of operations and restricting market access to 30% of the world’s helium supply, the company says. Praxair says that authorities at BLM have issued notifications to helium refiners and others who have contracts with the reserve indicating that without an appropriation by the end...

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