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RENERGEN LIMITED - LNG Back In Production With Helium To Follow

Release Date: 15/11/2022 08:00
Code(s): REN     PDF:  
Wrap Text
LNG Back In Production With Helium To Follow

RENERGEN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2014/195093/06)
JSE Share code: REN
A2X Share code: REN
ISIN: ZAE000202610
Australian Business Number (ABN): 93 998 352 675
ASX Share code: RLT
(“Renergen” or “the Company”)

LNG BACK IN PRODUCTION WITH HELIUM TO FOLLOW

Renergen is pleased to announce that the liquified natural gas plant is once again in operation
following the repairs to the faulty conduction oil system which resulted in the Company taking the
decision to halt operations in order to protect the helium and nitrogen modules. Since the repair
work was undertaken, the system has been thoroughly tested, and the LNG system is now
operational and producing LNG.

Commercial deliveries to both our customers’ will commence later this week. The operations team
will now focus on the remaining modules to allow the helium liquefaction module to be turned on.
The helium separation and recovery module is providing high-levels of confidence with recovery
exceeding design parameters.

Johannesburg
15 November 2022

Authorised by: Stefano Marani
Chief Executive Officer

Designated Advisor
PSG Capital

For Australian Investors & Media, contact Citadel-MAGNUS

Cameron Gilenko, 0466 984 953

To readers reviewing this announcement on the Stock Exchange News Service (SENS), this
announcement may contain graphics and/or images which can be found in the PDF version
posted on the Company’s website.

www.renergen.co.za

Date: 15-11-2022 08:00:00
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