https://www.engineeringnews.co.za
Building|Energy|Gas|Industrial|LNG|Equipment|Operations
Building|Energy|Gas|Industrial|LNG|Equipment|Operations
building|energy|gas|industrial|lng|equipment|operations

Renergen inks LNG supply deal with Italtile subsidiary

3rd February 2022

By: Simone Liedtke

Creamer Media Social Media Editor & Senior Writer

     

Font size: - +

Natural gas and helium producer Renergen has concluded a liquefied natural gas (LNG) supply agreement with Italtile subsidiary Ceramic Industries.

Supply will start in the first quarter of this year, from Phase 1 operations at Renergen’s Virginia gas plant, in the Free State.

The Phase 1 agreement spans five years from the date of start of supply and will see the company supply up to 800 GJ of LNG a day at a fixed price, with yearly escalation linked to the consumer price index.

The agreement will also include two further five-year renewal periods at the customer’s discretion.

The agreement is subject to several conditions, such as the successful commissioning of Renergen’s Phase 1 operations, and the company commissioning duly permitted facilities to store and supply LNG at the customer’s site.

In addition, the customer will be expected to have completed the connection of its equipment to the Renergen battery limit of the facility at its site.

“We are proud to be associated with Ceramic Industries and look forward to building a longstanding partnership with the company, aimed at reducing its carbon emissions whilst diversifying energy supply,” enthuses Renergen CEO Stefano Marani.

The agreement marks the company’s second and final industrial contract from Phase 1.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Environmental Assurance (Pty) Ltd.
Environmental Assurance (Pty) Ltd.

ENVASS is a customer and solutions-driven environmental consultancy with established divisions, serviced by highly qualified and experienced...

VISIT SHOWROOM 
John Deere (Pty) Ltd
John Deere (Pty) Ltd

In 1958 John Deere Construction made its first introduction to the industry with their model 64 bulldozer.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.079 0.132s - 163pq - 2rq
Subscribe Now