Qatar LNGIran strikes have wiped out 17% of Qatar's LNG capacity — damage expected to persist for up to five years / HeliumSpot prices surging 34% as Qatar's disruption cuts off roughly 30% of global helium supply / HormuzStrait of Hormuz transit at zero — all LNG and oil shipments from the Gulf halted as of March 19 / ShellShell declares force majeure on Qatar LNG contracts, citing inability to fulfill delivery obligations / SemiconductorsChip fabs in Taiwan and South Korea flagging critical helium shortages — 60-day buffer stocks being drawn down / Europe GasTTF benchmark up 110% to €118/MWh as European buyers scramble to replace Qatar volumes / MedicalHospital networks issuing alerts on MRI helium supply — elective procedures at risk within weeks if disruption continues / SpaceNASA and ESA reviewing launch schedules — liquid helium coolant for rocket engines now on allocation / US ReservesBLM Federal Helium Reserve in Texas activating emergency release protocols to cushion domestic shortfall / MarketsAsian LNG futures up 89% week-on-week — worst single-week move since the 2022 European energy crisis / Qatar LNGIran strikes have wiped out 17% of Qatar's LNG capacity — damage expected to persist for up to five years / HeliumSpot prices surging 34% as Qatar's disruption cuts off roughly 30% of global helium supply / HormuzStrait of Hormuz transit at zero — all LNG and oil shipments from the Gulf halted as of March 19 / ShellShell declares force majeure on Qatar LNG contracts, citing inability to fulfill delivery obligations / SemiconductorsChip fabs in Taiwan and South Korea flagging critical helium shortages — 60-day buffer stocks being drawn down / Europe GasTTF benchmark up 110% to €118/MWh as European buyers scramble to replace Qatar volumes / MedicalHospital networks issuing alerts on MRI helium supply — elective procedures at risk within weeks if disruption continues / SpaceNASA and ESA reviewing launch schedules — liquid helium coolant for rocket engines now on allocation / US ReservesBLM Federal Helium Reserve in Texas activating emergency release protocols to cushion domestic shortfall / MarketsAsian LNG futures up 89% week-on-week — worst single-week move since the 2022 European energy crisis /
Legend
Country Role
Net Exporter (Producer)
Net Importer (Consumer)
Both (Produces & Consumes)
Bubble Size (MCM/yr)
~1 MCM
~15 MCM
~60 MCM
Trade Arcs
Low volume (<3 MCM)
High volume (>8 MCM)
Key Statistics (2022)
Global Production~141 MCM
Global Consumption~160 MCM
Traded Volume~108 MCM
#1 ProducerQatar (60 MCM) ⚠️ DISRUPTED
#1 ConsumerUSA (43 MCM)
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