Loading...
Loading...
the-importance-of-plan-b-helium-and-its-supply-chain-fragilities
the-importance-of-plan-b-helium-and-its-supply-chain-fragilities

The importance of Plan B: Helium and its supply chain fragilities

0

The global helium business is full of fragilities and fluctuations by its very nature, as we have experienced in the last decade alone.

After a period of relative stability, the helium markets experienced supply shortages in 2006-2007 followed by a more severe shortage from 2011-2013 caused by curtailed production of helium from (helium) refining facilities tied to the BLM Pipeline, as well as a series of significant outages at other sources and the delayed start-up of new sources.

From this challenging period, which became widely known as Helium Shortage 2.0, new supply came into the market from several sources in 2014 – most notably the keenly anticipated Qatar II plant which added roughly 1.3 billion scf (standard cubic feet) to global supply, an expansion of the Skikda, Algeria source and a new Gazprom liquefier in Orenburg, Russia.

... 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...