The global helium shortage has become a growing concern in recent years as the world’s supply of this important gas has dwindled. A rare and valuable resource, helium is used in a variety of industries, including healthcare, electronics, and aerospace. However, the supply of helium is limited and finite, as it is primarily extracted from natural gas reserves. The demand for helium has also been increasing due to its unique properties, such as its low boiling point, which make it ideal for a range of applications.
This disparity between supply and demand, in addition to the closure of helium plants continues to prolong the ongoing Helium Shortage 4.0. To gain an insight into the trends and challenges in the industry, the current state of the helium business and what the future holds, hosts Rob Cockerill and Tom Dee sat down to speak with Luke Manickham, Founder of LM Intelligas; Richard Clarke, Owner and Consultant at 4He Solutions; Mazin Babiker, General Manager at Gulf Helium Services; and Phil Kornbluth, President of Kornbluth Helium Consulting.
Equipped with extensive experience working in both the liquefied natural gas (LNG) and helium industries, Manickham elaborated on the current geopolitical state of the worldwide helium industry.
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