TETRA 4

TETRA 4

Tetra4’s Virginia Gas Project comprises exploration and production rights of 187 000 ha of gas fields across Welkom, Virginia and Theunissen, in the Free State. The source of the Virginia Gas Project’s natural gas is primarily microbial. It originates from deep within the Witwatersrand Supergroup, via groundwater circulating through large faults and contacting bacteria deep within the earth’s crust. This means the methane is a biogenic and a continuing renewable resource. Our ‘wellhead to tank’ strategy, which sees Tetra4 beneficiate gas and supply refined products directly to the customer.

KEY FACTS

  • First and only onshore petroleum production right in South Africa
  • CNG production started May 2016
  • Proven reserves of methane-rich natural gas
  • A clean substitute for transport fuel, thermal fuel and power
  • Revenue is linked to US Dollar
  • Scalable plant
  • Holds a license from The National Energy Regulator of South Africa (NERSA) to store and trade in gas
  • One of the richest sources of helium recorded globally
  • Holds an additional six onshore petroleum exploration rights in South Africa