QatarEnergy has signed a long-term sales and purchase agreement (SPA) with Buzwair Industrial Gases Factories WLL for the supply of 20 million cubic feet of helium per annum.
The agreement, which spans up to 15 years, will see the helium supplied from Qatar’s state-of-the-art facilities in Ras Laffan, beginning in September 2025.
The SPA marks QatarEnergy’s first direct partnership with a local Qatari industrial gas company, highlighting the increasing expertise and capabilities of regional suppliers in the global helium market.
This move underscores the growing importance of local players in meeting international demand for helium and other essential gases.
Saad bin Sherida al-Kaabi Minister of State for Energy Affairs – Qatar President & CEO QatarEnergy
“Buzwair has built a strong reputation in the helium industry. We are pleased to work with them and to expand our network of partners to include capable and trusted industrial gas companies from the State of Qatar. As one of the world’s leading suppliers of helium, QatarEnergy remains committed to supporting the exciting advancements of critical industries that depend on our high-purity and reliable helium supplies.”
Helium plays a critical role in various advanced technologies and industrial applications. It is essential for cooling MRI scanners, manufacturing semiconductors, and producing fiber optics. Additionally, helium is used in space exploration, deep-sea diving, and specialized welding. Its unique properties make it invaluable across numerous high-tech sectors.
In November, QatarEnergy signed a long-term urea supply agreement with Japan’s Mitsui & Co., Ltd., marking a significant step in strengthening bilateral trade relations. The 20-year agreement stipulates the supply of up to 0.5 million tons of urea per annum to Mitsui, starting in January 2026.