- QatarEnergy and Air Liquide signed an SPA for 300 million cubic feet of helium annually.
- Qatar's helium capacity will more than double with North Field LNG expansion.
- Helium is crucial for MRI, semiconductors, fiber optics, and space exploration.
Agreement Details
QatarEnergy and Air Liquide have entered into a long-term sales and purchase agreement for the supply of 300 million cubic feet of helium per year from Qatar. This agreement strengthens the existing relationship between the two companies, with Air Liquide being a key customer and technology provider for Qatar's helium production facilities.
Strategic Importance
Qatar is one of the world's largest helium exporters, and its capacity is set to more than double with the North Field LNG expansion projects. This expansion will support various industries that rely on helium, such as medical imaging, electronics, and space exploration.
Applications of Helium
Helium is essential for a wide range of advanced technologies and industrial applications. It is used in magnetic resonance imaging (MRI) scanners, semiconductors, fiber optics, space exploration, deep sea diving, and specialized welding, among other applications.