The facility marks South Africa’s first foray into the production of liquefied natural gas (LNG).
Having begun filling bulk storage tanks for delivery to customers, the company now plans to ramp up to Phase 1 capacity in the coming months.
“This is a significant step on the path to showing the world that Renergen can become a global player in liquid helium supply and a material local supplier of much needed LNG,” stated Stefano Marani, CEO, Renergen.
Phase 1 will involve the production of 2,700 Gj (gigajoules) per day of LNG and 350kg per day of helium.
The LNG will be used as a low carbon alternative to diesel, while the helium will be exported to customers.
Earlier this year, it was announced that the Central Energy Fund (CEF) will purchase a 10% ownership stake ($58m) in the Virginia Gas Project.
Following the so-called Helium Shortage 2.0 experts have noted the growth in the number of helium exploration companies, referred to as a mini ‘Helium Rush’.
Located in Western Canada, the Midwest/Southwest US, South Africa and Tanzania, at least 15 of the 30+ start-up companies have gone public and have secured financing for the near term.