Emerging helium and LNG producer Renergen has broken ground at its flagship gas project in South Africa.
At the end of October the company said it had commissioned the project, also South Africa’s first commercial LNG and liquid helium plant.
Renergen said this was the final milestone before construction could commence on phase one of the project.
Phase one will produce around 2,700 gigajoules of LNG and 350 kilograms of liquid helium per day starting in 2021.
This will be increased to around 1.2 tonnes and 5 tonnes of helium per day in phase two.
The company held a groundbreaking ceremony earlier this week.
“It’s pretty safe to say at least 2019 is going to be a very tight market vulnerable to upset and it could be ugly for a while. It’s not going to get better tomorrow, it’s not going to fix itself right away, but when everything is running right and all ...
Since early 2017, helium supply has fluctuated from a slight surplus from the large Qatar 2 production fully onstream, to in-balance with the logistics disruption of the Qatar blockage in June 2017, to tight supply beginning spring 2018 when a series of planned and unplanned outages affected major global supply ...
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