Renergen Launches Commercial Production of Liquid Helium in South Africa

Renergen has begun commercial sales of liquid helium, achieving -269˚C cooling levels. The natural gas for production comes from the Virginia Gas Project in South Africa, with estimated revenues between R5.7 billion and R6.2 billion. Phase 1 will produce 350 kg of liquid helium daily, while Phase 2 aims for 4,200 kg per day.

Renergen, a natural gas and helium producer based in South Africa, has recently commenced commercial sales of liquid helium. The company successfully cooled helium to -269˚C on March 13, with sales following the next day. This significant milestone indicates Renergen’s shift towards becoming a prominent player in the helium market.

Liquid helium production is achieved using natural gas sourced from Renergen’s Virginia Gas Project, located in the Free State Province. The estimates for the project indicate a potential revenue generation of between R5.7 billion ($313.7 million) and R6.2 billion ($341.2 million) as both Phase 1 and Phase 2 reach full production capacity.

Phase 1 of the Virginia Gas Project is designed to produce 350 kg of liquid helium daily alongside 2,700 gigajoules of LNG. Meanwhile, Phase 2 aims to significantly increase production, targeting 4,200 kg of liquid helium each day and approximately 34,400 gigajoules of LNG, showcasing Renergen’s commitment to enhancing its production capabilities.

In conclusion, Renergen’s initial commercial sales of liquid helium mark a pivotal advancement in their operations. The Virginia Gas Project is poised to become a major supplier in the helium market, with significant revenue projections and ambitious production targets set for both phases of the project. This development highlights Renergen’s growing role in the energy sector.

Original Source: energycapitalpower.com