QatarEnergy signs 15-year deal to supply helium to Uniper Global

QatarEnergy will supply 70 million cubic feet per annum of helium after signing a long-term sales and purchase agreement (SPA) with Uniper Global Commodities.

The deal is for 15 years and QatarEnergy will supply helium from its facilities in Ras Laffan.

The company said the agreement marks its first direct relationship with Uniper, who has a strong history in providing bulk wholesale helium to customers around the world.

New helium partnership strengthens global supply

Helium plays a pivotal role in a wide range of advanced technologies and essential industrial applications, including magnetic resonance imaging (MRI) scanners, semiconductors, fibre optics, space exploration, deep sea diving, specialised welding, and other applications.

Saad Sherida Al Kaabi, Minister of State for Energy Affairs, President and CEO of QatarEnergy, said: “We are pleased to welcome Uniper into our growing portfolio of trusted off-takers, with a proven track record in the helium industry.

“QatarEnergy looks forward to working with Uniper on supporting the expansive needs of new industries dependent on reliable helium from trusted sources like Qatar.”

John Roper, CEO Middle East, Uniper Global, added: “This long-term helium deal is a testament to the continuous engagement with QatarEnergy and its predecessor companies over many years.

“Uniper has a strong history of providing bulk wholesale helium to customers around the world. The agreement marks its first direct relationship with QatarEnergy, which is one of the world’s largest and most reliable producers of helium.”