QatarEnergy and Air Liquide have signed a long-term sales and purchase agreement (SPA) for the supply of 300 million cubic feet per annum of helium from Qatar.
The agreement marks a
new milestone in the long-standing relationship between the two global energy
and industrial gas leaders, with Air Liquide being a foundation customer, an
important helium off-taker, and a key technology provider for a number of Qatar’s
Helium production facilities.
Saad Al-Kaabi, the
Minister of State for Energy Affairs, the President and CEO of QatarEnergy,
welcomed the signing of the SPA and stated: “Air Liquide has been a strategic
partner in the helium business since the startup of our first helium plant in
2005. It has been an integral player in providing a reliable supply of
high-quality Qatari helium to a number of critical industries around the world.
We are very pleased to continue our long-term partnership with Air Liquide as
we help meet the growing demand for helium.”
Minister Al-Kaabi
added: “Qatar is one of the world’s largest helium exporters. Our helium
capacity is set to more than double with our North Field LNG expansion
projects. This will further support a wide range of sectors and industries that
depend on helium to drive human development.”
Helium plays a pivotal
role in a wide range of advanced technologies and essential industrial
applications, including magnetic resonance imaging (MRI) scanners,
semiconductors, fiber optics, space exploration, deep sea diving, specialised
welding, and other specialised applications. -TradeArabia News Service