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RENERGEN LIMITED - Tetra4 Strikes LNG Deal with Bulk Hauliers International Transport

Release Date: 07/02/2020 09:00
Code(s): REN     PDF:  
Wrap Text
Tetra4 Strikes LNG Deal with Bulk Hauliers International Transport

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”)

TETRA4 STRIKES LNG DEAL WITH BULK HAULIERS INTERNATIONAL TRANSPORT

Renergen Limited (Renergen), an emerging domestic natural gas and helium producer listed on the
JSE’s Alt-X, and the Australian Securities Exchange (“ASX”) today announced that its subsidiary Tetra4
(Pty) Ltd, has secured an agreement with Bulk Hauliers International Transport (“BHIT”) for the supply of
Liquified Natural Gas (“LNG”). The transaction will fuel approximately fifty trucks using dual fuel
technology; significantly reducing operator costs and improving vehicle lifecycle maintenance.

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

“ As a company, BHIT is committed to providing sustainable transport solutions. Running trucks
on locally produced liquid natural gas fits in perfectly with this and we look forward to developing
a successful partnership with Tetra4 and extending the benefits of LNG to our clients,” comments
BHIT Director James Cohen.

 BHIT operates a premium fleet of truck-tractor combinations, with a focus on the transportation of general
freight and dangerous goods throughout Southern Africa.Tetra4, a vertically integrated gas producer, holds
the first and (currently) only onshore petroleum production license issued by the Department of Mineral
Resources and Energy (DMRE) through the Petroleum Agency of South Africa (PASA).

Johannesburg
7 February 2020

Designated Advisor
PSG Capital

For Australian Investors & Media, contact Citadel-MAGNUS
Cameron Gilenko, 0466 984 953
Tom Kohlen, 0419 953 526

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: 07-02-2020 09:00:00
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