A subsidiary of Russia’s Gazprom has initiated legal action against global industrial gases company Linde, seeking 85.7 billion roubles ($879 million) in damages, according to court documents reviewed by Reuters.
Helium supply from Russia is subject to sanctions in the EU and US, but today there are established supply routes into China, South Korea, Japan, Indonesia, India, Malaysia, Mexico, and the Middle East, with the...
The global helium market is in a new, more regional phase, with increased supply – and the likeliest scenario is for plentiful supply for the rest of the decade and beyond.
The import ban on Russian helium into Europe has come into force today (26th September).
A Russian court has ordered for approximately $1.2bn of Linde UK assets to be frozen, according to official documents.
Gasum will no longer import Russian LNG following EU sanctions issued in June which prohibit the purchase of imported LNG from Russia through EU terminals that are not connected to the EU gas network came...
The global helium business is in a period of flux, with the balance of power starting to shift away from the industrial gas majors, giving the tier-two and tier-three players a stronger hand.
The Council of the European Union (EU) has announced that its 14th sanctions package against Russia includes a ban on imports of Russian helium into the EU, as widely expected.
European Union countries have approved new sanctions on Russia, including a ban on the transshipment of Russian LNG to third countries.
The two-year helium shortage has officially ended, but the market’s stability remains in question amidst ongoing supply uncertainties.
