The disruption in Qatar's liquefied natural gas production has led to a global helium supply crunch, with spot prices doubling since the outbreak of the Middle East conflict, highlighting the vulnerability of this crucial industrial gas market.
Industry data shows that Qatar's helium production in 2025 is approximately 63 million cubic meters, accounting for nearly one-third of the global total of about 190 million cubic meters. Since helium is a byproduct of natural gas processing, the shutdown of liquefied natural gas facilities directly reduces supply.
Analysts point out that if the disruption continues, the global market could see a monthly reduction of about 5.2 million cubic meters in supply. Industrial gas companies like Linde and Air Products and Chemicals are considered highly dependent on Qatari resources, increasing supply risks.
