Free State’s gas bonanza
A nondescript town in the Free State is home to the richest known helium resource — though investors were sceptical of the claim at first
31 October 2019 - 05:00
When Renergen CEO Stefano Marani and COO Nick Mitchell purchased rights to a small gas field in the sleepy Free State town of Virginia in 2013, they couldn’t have dreamt of what would come next.
"The intention was to build a small 1.4MW gas-to-power project for Sibanye — that was it," Marani tells the FM on a bumpy bus ride towards the gas field...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.