Producer
ExxonMobil (North West Shelf Helium)
ExxonMobil is a major helium producer from its North West Shelf LNG operations in Western Australia. The Gorgon LNG facility co-produces helium under agreements with Air Products and Air Liquide. Australia's share of global helium supply has grown from ~3% to ~10% as North West Shelf and Gorgon operations ramped up. Australian helium is strategically important as a non-Qatar, non-Russian source for US and Asian semiconductor fabs.
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Helium Co-Production (North West Shelf)
5%LNG (Primary Business)
95%
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Did you know2023
ExxonMobil's North West Shelf LNG operations in Western Australia co-produce helium as a byproduct of LNG liquefaction -- helium naturally occurs in some natural gas reservoirs and concentrates in the LNG process stream. Australia has become a strategically important helium source (~10% of global supply) because its helium originates from reliable, politically stable LNG operations rather than from dedicated helium fields in Qatar or Russia. Air Products and Air Liquide hold offtake agreements for the helium extracted at Gorgon and North West Shelf, which is then supplied to Asian semiconductor fabs and medical MRI operators. The same Australian LNG operation that supplies energy security to Japan (as LNG for electricity) simultaneously supplies technology security to Japanese and Korean semiconductor fabs (as helium for chip manufacturing). ExxonMobil's primary motivation is LNG revenue; the helium is a commercially valuable byproduct that requires no additional extraction cost.
ExxonMobil Corporation ↗