Renergen represents a unique opportunity for investors. The company holds the first, and currently only, onshore petroleum production right in South Africa. While it is already producing and selling gas, production is set to accelerate in the next 18 months as it moves to liquefied natural gas (LNG) production, primarily serving the growing domestic heavy duty truck market.
Click here, to view the Edison TV interview with Ian McLelland (MD Resources and Consulting), where he discusses Renergen.
Will South Africa become one of the eight countries in the world to have helium reserves, significant enough to export to the global markets? Renergen says helium production will become core to the group after the value of its helium gas reserves in Virginia in the Free State rose 27 per cent. Renergen expects to become a significant global producer of helium when its Virginia project starts production next year. Renergen CEO, Stefano Maran joins CNBC Africa for more.
Click here for the interview
Helium production to become core to the Group after the value of its helium gas reserves in Virginia in the Free state rose 27%.
Click here to read the full article in the Business Day.