- Aug 9, 2022
- 2 min read

Renergen closer to bringing partner to SA gas project after CEF approval

The state-owned Central Energy Fund (CEF) has completed its due diligence related to an agreement with JSE-listed Renergen to invest R1 billion for a 10% stake in the gas company’s 20-year Virginia Gas Project, based in the Free State. This follows Renergen’s recent announcement that the project, which will produce liquid helium and liquified natural gas (LNG), was in its final commissioning work streams with commercial operations at customer sites expected to commence at the end of July.

Want to read more?

Subscribe to www.akapenergy.com to keep reading this exclusive post.

Subscribe Now

Recent Posts

See All

Guanggang Gas to Invest ~US$55 mm for Helium Production in China

According to a social media report, Guanggang Gas announced signing of an investment agreement with Hefei Economic and Technological Development Zone with the intention of investing ~US$55mm to constr

First Helium Intends to Raise C$5mm in Equity

First Helium filed a preliminary prospectus for a marketed public offering of units at C$0.09/unit, aiming to raise ~C$5mm or C$4.3mm net of fees. Each unit comprises one share and one purchase warran

Global Helium Reports Q3'23 Results

The company drilled, logged, and cased its first helium well in Southeast Alberta along the Manyberries Helium trend. Subsequently, an additional well was completed, leading to the option to lease mor