Renergen says R1bn Central Energy Fund deal is on track
As the fund has completed due diligence, the transaction needs only stakeholder approval, with completion expected in 2023
02 October 2022 - 16:57
SA’s only onshore gas production right holder, Renergen, is now producing 1,000GJ liquid natural gas (LNG) daily. That is expected to more than double by the first quarter of next year, it said in a voluntary update on Friday.
Renergen produces LNG in Virginia, Free State. The field is said to have one of the world’s highest helium concentrations. ..
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