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49 min ago 2 min read
European exploration firm 45-8 Energy recently caught market attention – particularly in these supply-constrained times – by announcing 12-year fixed-price helium contracts.
Contracts typically last three to five years. Announcing 12-year fixed helium contracts is moderately rare but becoming more common as the market battles chronic shortages and geopolitical volatility.
Damage to Qatar’s and blockades have drastically curtailed global supplies, resulting in massive spot price spikes of up to 100%.
Since helium is a byproduct of natural gas processing, producers and buyers lock in decade-long terms to justify the high cost of extraction infrastructure and guarantee volume.
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