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RENERGEN LIMITED - Tetra4 Strikes LNG Offtake with Black Knight Group

Release Date: 27/02/2019 08:59
Code(s): REN     PDF:  
Wrap Text
Tetra4 Strikes LNG Offtake with Black Knight Group

RENERGEN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2014/195093/06)
Share code: REN
ISIN: ZAE000202610
(“Renergen” or “the Company” or “the Group”)

TETRA4 STRIKES LNG OFFTAKE WITH BLACK KNIGHT GROUP

Renergen Limited (“Renergen”), an integrated alternative and renewable energy business listed on the
JSE’s Alt-X, today announced that its subsidiary Tetra4 (Pty) Ltd, has secured an agreement with Black
Knight Group for the supply of Liquified Natural Gas (LNG). The transaction will fuel approximately one
hundred trucks; significantly reducing carbon emissions and operator costs and improving vehicle
lifecycle maintenance.

Says Stefano Marani, Renergen CEO, “Tetra4 is proud to be associated with Black Knight as they
embark on their new venture to disrupt the local logistics market using cutting-edge technology
and international best practice.”

“The use of alternative fuels by suppliers continues to take centre stage, providing cleaner and
safer solution for businesses as well as the environment,” comments Black Knight Oil CEO,
Jacques D’ymant. “Through our partnership with Tetra4, we can now ensure that these ongoing
benefits – including cost savings - are passed on to our clients.”

Black Knight Group has 20 years’ experience in the fuel industry has been distributing fuel products
across South Africa and the wider SADC region. In recent years Black Knight Group has developed a
logistics division aimed at providing holistic fuel solutions for clients.

Tetra4, a vertically integrated gas producer, holds the first and (currently) only onshore petroleum
production license issued by the Department of Mineral Resources (“DMR”) through the Petroleum
Agency of South Africa (“PASA”).

Enquiries:
Renergen Limited                                 010 045 6000
Stefano Marani, CEO

Website:
Renergen www.renergen.co.za
Tetra4 www.tetra4.com

NOTES TO EDITORS

About Renergen

Renergen is an integrated alternative and renewable energy business that invests in early stage energy
projects across Africa and emerging markets. Its current investments include Tetra4, a natural gas and
liquefied helium company in the Free State, South Africa and additional exploration rights for natural
gas in the Evander area.
Johannesburg
27 February 2019

Designated Adviser
PSG Capital

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