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RENERGEN LIMITED - SAs First Commercial LNG and Liquid Helium Plant Ordered

Release Date: 28/10/2019 14:00
Code(s): REN     PDF:  
Wrap Text
SA’s First Commercial LNG and Liquid Helium Plant Ordered

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”)

SA’S FIRST COMMERCIAL LNG AND LIQUID HELIUM PLANT ORDERED

Emerging domestic natural gas and helium producer, Renergen is pleased to announce final
milestone leading to commencement of construction of the Virginia Gas Project, namely the
appointment of equipment supplier for the Liquefied Natural Gas (LNG) and liquid helium plant.
Western Shell Cryogenic Equipment Co. (“WSCE”) of China has been awarded the contract to
supply the technology and equipment for the plant alongside EPCM Bonisana (Pty) Ltd
(“EPCM”) who will install the pipeline and manage the interface between the two installations.

WSCE has been manufacturing small scale LNG plants since 2004. In 2007, they
commissioned the world’s smallest commercial LNG plant. In 2008 WSCE were awarded “The
Most Promising Technology” at the World Cleantech Forum. Its founder and CEO, Dr Jia Lin
Xiang, developed the helium cryogenic test laboratory for The National Aeronautics and Space
Administration (NASA), following which he became Chief Cryogenic Engineer at the US
Brookhaven National Laboratory in New York for over a decade. Notable projects include
leading the construction of the liquid helium system for the world’s largest diameter
superconducting solenoid magnets and the helium cryogenic system for Beijing Positron-
Electron Collider in China.
“Dr Jia’s technical expertise in the field of LNG and helium cryogenics is world class, which was
evident from the technical proposal delivered in the tender process. WSCE has a wealth of
experience in relation to the manufacturing of critical components for cryogenics, and we look
forward to seeing Renergen and WSCE making liquid natural gas and liquid helium in South
Africa a reality.”

“We look forward to contributing to the success of building the world-class Mini-LNG/LHe
production plant in South Africa," WSCE CEO Dr. Jia said.

The plant is expected to be operational within the first half of 2021 and will see the plant produce
up to 2,700 GJ of liquid natural gas and 350 kg of liquid helium per day. This will make the plant
the first commercial LNG facility in the country. The plant will be modularised and constructed in
sizes of standard shipping containers for ease of transport and installation on site. The design
uses mixed refrigeration cycle for the liquefaction process of the natural gas, which means the
energy consumption is very low as compared to other plants at this small scale.

Johannesburg
28 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.

www.renergen.co.za

Date: 28/10/2019 02:00:00
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