Renergen to host LNG auction
Emerging natural gas producer Renergen will host South Africa’s first-ever liquid natural gas (LNG) auction.
The company has invited interested parties to apply to bid for the allocation of LNG, which will be produced at Renergen’s Virginia gas project, in the Free State.
Renergen says it holds the first and only onshore petroleum production right in South Africa.
With an average of greater than 95% methane and almost zero higher alkanes, Renergen will produce LNG of outstanding purity, placing the company’s product as the ideal substitute for liquid fuels, which will burn cleaner and release fewer emissions.
Importantly, the company explains, the consumption of LNG does not require significant changes to the infrastructure required for liquid petroleum gas, making the switch efficient and cost-effective.
Renergen is the first South Africa-based company to supply LNG from domestic supply, instead of imported sources. By 2021, the company will complete its Phase 1 expansion plans for the Virginia gas project and will be producing LNG and helium.
This major milestone will see Renergen become the first distributor of LNG at filling stations – in partnership with Total – in the country and the only domestic producer of helium.
Renergen anticipates that Phase 2 of the Virginia gas project will be available by 2023.
Phase 2 production at the Virginia project will bolster the 2021 Phase 1 production, providing availability of LNG across all major highways in South Africa, with surplus volume to be made available to the market.
The positive characteristics of LNG are well-established globally, underpinned by an efficient, cost-effective, and clean energy source for transportation, power generation, and industrial use.
Renergen says LNG is the cleanest-burning of all hydrocarbons and offers a less carbon-intensive substitute for South Africa’s existing transport fuel, thermal fuel and power.
Comments
Research Reports
Projects
Showroom
Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...
VISIT SHOWROOM
AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
