Operations at Renergen’s gas plant expected ‘imminently’
Renergen’s subsidiary Tetra4 wholly owns a gas plant in the Free State, SA’s only onshore petroleum development right, which contains among the world’s highest helium concentrations
03 May 2022 - 16:32
Higher energy prices and fewer Covid-19 lockdowns helped helium and natural gas group Renergen increase its revenue more than a third and improve its loss per share by more than one-fifth, as it expects its Virginia gas plant to become operational “imminently”.
Despite the financial performance, the group believes it is well under way in its transition from a “project company to an operational focused company”...
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