LNG

Renergen, the emerging South African company with liquefied natural gas and liquefied helium production plans, is continuing its drilling programme after starting LNG production in September and output is expected to reach about 50 tonnes per day early in 2023.

Shares in South African natural gas and helium project company Renergen have recovered some lost ground in recent weeks to reach A$2.00 (US$1.49) per share, even amid a depressed national economy, after significant liquefied natural gas and helium supply agreements were signed last month.