A less unpredictable future for helium?


In gasworld’s latest webinar, Helium: Markets Reimagined, Part 1, helium expert and President of Kornbluth Helium Consulting, Phil Kornbluth, joined the team for a conversation around all things helium including the potential for increased market volatility during the current Russia/Ukraine conflict.

With recurring shortages of helium over the past 16 years, 2022 was set to be a year of transition to more plentiful supply with operations having begun at Gazprom’s Amur facility in Eastern Siberia. A fire at the facility in September 2021, followed by an explosion and subsequent fire on 1st January of this year created uncertainty over short-term helium supply. 

Prior to ‘Helium Shortage 4.0’ long-term expectations of Russia’s helium market were set to hit new highs, with its production anticipated to jump from just 3% in 2021 to 26% by 2025.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...