Post by
Koskadelli on Jan 19, 2022 8:17am
Major Helium Facility Fire at Gazprom
A major helium supply outage in Russia will be a near-term positive for the listed helium E&P companies and may cause supply chain disruptions in many industries. It now appears that a third cryogenic unit at Gazprom's Amur gas facility went up in flames,https://t.co/ZF7UgZZjt5 Not sure if this could have consequences for DME or not... They have mostly local/domestic targets in the southwest US and aren't in production yet to take advantage of immediate supply chain issues. However, I imagine those issues will linger longer than expected because of LARGER supply chain issues for rebuilding the facility in Russia. Guess we'll see what people think today.
Comment by
tylerod1 on Jan 19, 2022 8:41am
This and the failure of Helium 1's search for recoverable helium in tanzania is great news. I think there will certainly be somewhat of a disconnect from global and regional pricing, especially for 99.9999+ Grades. Crude helium may correlate better.
Comment by
GoldenArm on Jan 19, 2022 2:14pm
Hmmm would have effects overseas but Helium isn't easily transported vast distance wothout huge cost involved. So basically saying it won't effect local market prices. IMO