Sep 4, 20222 min
Renergen has officially switched on its Virginia gas plant in South Africa. The LNG plant has begun producing liquid hydrocarbons, transitioning the company from explorer to producer status, with the helium module to begin production in due course. Bulk storage tanks are being filled as Renergen rolls out the delivery of its product to customers. With this, the Virginia project has become South Africa’s first commercial LNG plant.
Press Release:
Renergen is pleased to announce a major milestone, with the Virginia Gas Project (Virginia) now operational, transitioning Renergen from explorer to producer status by producing liquid hydrocarbons, with the helium module producing liquid in due course. Renergen has beneficial use of the system and has commenced filling of bulk storage tanks to begin delivery of product to customers.
Importantly, through commencement of operations, Virginia becomes South Africa’s first commercial LNG plant. Renergen will now focus on ramping-up operations over the coming months to full Phase 1 capacity which will play a key role in reducing the country’s carbon footprint by substituting diesel in trucks and for commercial users.
Speaking about this major milestone achievement, CEO Stefano Marani said, “This watershed moment in the Company’s lifecycle has finally arrived. This is a significant step on the path to showing the world that Renergen can become a global player in liquid helium supply and a material local supplier of much needed LNG.
“The transformation of the Company since first listing in 2015 has been truly incredible, and I am very proud of the efforts, hard-work and determination of the team in getting Renergen to the position we find ourselves in today. Virginia is a world-class project, and we will now focus on ramping-up operations to full Phase 1 capacity over the coming months.”