QatarEnergy and Guangzhou Guanggang Gases & Energy Company (G-gas) signed a long-term sales and purchase agreement (SPA) for the supply of 100mn cubic feet per year of helium from Qatar to China.
The 20-year agreement marks the first direct, long-term SPA for the supply of helium from Qatar to China. The high purity helium supplies will be sourced from Qatar’s world class helium facilities in Ras Laffan.
The SPA signing was witnessed by HE the Minister of State for Energy Affairs, Saad Sherida al-Kaabi, also the President and CEO of QatarEnergy, during a ceremony held at QatarEnergy’s Headquarters in Doha and attended by senior executives from G-gas and QatarEnergy.
Commenting on the occasion, Minister al-Kaabi welcomed the signing of the SPA and said, “China is a major market and destination for Qatari helium, and we are very pleased to enter into this direct long-term partnership with G-gas as we help meet the growing demand for helium both in China and across the globe”.
Minister al-Kaabi added: “Qatar is one of the world’s largest helium exporters and this agreement further expandsQatarEnergy’s growing list of partnerships and customers around the globe.
“Our helium capacity will 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 is a critical component in a growing number of important fields, including scientific research, medical technology, high-tech manufacturing, space exploration, and defense industries.
High-quality helium from Qatar is used in a variety of applications, including magnetic resonance imaging (MRI) scanners, semiconductors, specialised welding, deep sea diving, industrial coolants, entertainment, and many other purposes.
G-gas is a leading industrial gases company in China with a history of over 50 years.
The company specialises in the design and operation of air separation units, gas storage and distribution facilities,and gas application solutions.
The SPA signing was witnessed by HE the Minister of State for Energy Affairs, Saad Sherida al-Kaabi, also the President and CEO of QatarEnergy, during a ceremony held at QatarEnergy’s Headquarters in Doha and attended by senior executives from G-gas and QatarEnergy.
The SPA signing was witnessed by HE the Minister of State for Energy Affairs, Saad Sherida al-Kaabi, also the President and CEO of QatarEnergy, during a ceremony held at QatarEnergy’s Headquarters in Doha and attended by senior executives from G-gas and QatarEnergy.
The SPA signing was witnessed by HE the Minister of State for Energy Affairs, Saad Sherida al-Kaabi, also the President and CEO of QatarEnergy, during a ceremony held at QatarEnergy’s Headquarters in Doha and attended by senior executives from G-gas and QatarEnergy.