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Second CNG Filling Station Commissioned in Johannesburg
RENERGEN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2014/195093/06)
JSE Share code: REN
ISIN: ZAE000202610
Australian Business Number (ABN): 93 998 352 675
ASX Share code: RLT
(“Renergen” or “the Company”)
SECOND CNG FILLING STATION COMMISSIONED IN JOHANNESBURG
Emerging domestic natural gas and helium producer, Renergen announces the completion of the
commissioning of its second Compressed Natural Gas (CNG) filling station, in Johannesburg,
South Africa. The filling station will commence supply of CNG to Black Knight Logistics (Black
Knight), for a fleet of approximately 15 trucks starting this month.
Black Knight, along with Babcock Transport Solutions, who are the sole importer in Southern
Africa for DAF Trucks, have converted the vehicles to run on a combination of CNG and diesel
simultaneously, known as diesel dual fuel (DDF). DDF vehicles have reduced running costs and
substantially lower greenhouse gas emissions compared to vehicles running on diesel alone.
Black Knight has established the dedicated CNG filling station as part of its transition to more
sustainable fuels, the filling station will be used to service the trucks Black Knight is converting to
run on natural gas. The filling station will operate until the Virginia Gas Project’s Liquefied Natural
Gas (LNG) facility comes online in 2021, at which point all CNG will be replaced in favour of the
more energy dense LNG which will increase the distance the trucks can travel between refills.
Stefano Marani, CEO of Renergen said “This is a positive development for Renergen. The new
CNG filling station will significantly increase the current pilot phase revenues, and will realise our
vision of supplying clean and sustainable energy into the logistics sector through the use of
technology that is readily available.
“As a logistics company, delivering on sustainability targets is now easily attainable and
companies can gain the dual benefit of reducing cost and emissions. Enormous credit must be
given to Black Knight who have taken the first step of purchasing the very first commercial fleet
of natural gas-powered trucks in the South African market”
Jacques D’ymant, CEO of Black Knight said. “To be part of this gas project has been a great
opportunity for Black Knight. In developing our DDF fleet with the intention of later migrating to
LNG we will be first to market and a step closer to a greener future. Our customers will also gain
a competitive advantage in the industry, by benefiting from the cost savings achieved through the
use of natural gas,”.
Babcock, the sole distributor of DAF Trucks in southern Africa, is tackling carbon emissions and
exploring alternative and more efficient fuel sources by bringing dual fuel CNG-powered DAF
Trucks to the southern African market while maintaining the trucks’ full warranty, even when using
dual fuel alternatives. Babcock is the first to offer fully supported Natural gas dual fuel DAF
vehicles to the long-haulage and regional transport segments.
“Natural gas as an alternate fuel source has been a significant topic in South Africa’s automotive
industry for years, due to the growing need to curtail dependency on conventional fossil fuels, the
soaring price of diesel and petrol, and the need to reduce harmful CO2 emissions.”
Mark Gavin, Sales Director Babcock Transport Solutions said “We have had a number of
enquiries about the possibility of dual fuel vehicles and we are excited to announce that the first
handful of DAF test trucks capable of CNG conversion will soon be ready for the South African
regional transportation sector. The dual fuel trucks will be capable of using CNG and LNG, with
minor engine modifications allowing the DAF Trucks to alternate between natural gas and
conventional fuel. The engine control units (ECU) kits are removable and can be retained for
future use when selling a truck.”
Johannesburg
21 October 2019
Designated Advisor
PSG Capital
For Australian Investors & Media, contact Citadel-MAGNUS
Cameron Gilenko, 0466 984 953
Tom Kohlen, 0419 95 526
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. Please visit www.renergen.co.za
Date: 21/10/2019 09:00:00
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