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Liquified Natural Gas News

IEA report points to growth in global electricity demand this year

By: Donna Slater     15th July 2021 The International Energy Agency (IEA) expects global electricity demand to rebound strongly this year and next. Electricity demand decreased by about 1% in 2020, but is expected to grow by 5% this year and by 4% in 2022, a new IEA report shows.  

Shell expresses concern over RMIPPPP delays as it confirms Karpowership SA partnership 

By: Terence Creamer     13th July 2021 Shell South Africa country chairperson Hloniphizwe Mtolo has confirmed that the energy group is the exclusive supplier of liquified natural gas (LNG) to Karpowership SA, whose three projects, totalling 1 220 MW, were named in March as preferred bidders under government’s Risk Mitigation... 

Photo of Shell South Africa country chairperson Hloniphizwe Mtolo
Shell South Africa country chairperson Hloniphizwe Mtolo

Renergen finds 1.9% helium surprise in P12 at Virginia gas project

By: Simone Liedtke     12th July 2021 Natural gas and helium producer Renergen’s P12 well, which was previously plugged and abandoned, was observed to start flowing gas (at low rates) in the days following rig release. The flow rate has subsequently continued to increase with a current flow rate in excess of 30 000 standard cubic... 

First BioLNG production project considered at French port

By: Simone Liedtke     5th July 2021 French firms EveRé, CMA CGM Group, Elengy and TotalEnergies have joined forces to study the feasibility of creating France’s first production unit for liquefied biomethane (BioLNG), a low-carbon alternative fuel dedicated to the energy transition in the shipping industry EveRé is the operator of... 

New IEA report paints complex picture for future of gas demand 

By: Terence Creamer     5th July 2021 A new International Energy Agency (IEA) report on the outlook for gas presents a complex picture of the fuel’s role in the unfolding energy transition, as well as the outlook for demand. The report forecasts that there will be an immediate 3.5% recovery in demand from the Covid-afflicted 2020... 

New IEA report paints complex picture for future of gas demand

Renergen raises A$10m for Virginia gas project development, exploration 

By: Simone Liedtke     25th June 2021 South African natural gas and helium producer Renergen has successfully raised A$10-million through an equity raise to fund developments at its Virginia gas project, in South Africa’s Free State. The placement was subscribed to by existing and new domestic and international institutions and... 

Renergen raises A$10m for Virginia gas project development, exploration

Renergen halts trading on ASX ahead of capital raise announcement

By: Simone Liedtke     23rd June 2021 Natural gas and helium producer Renergen has halted trading in its securities from June 23 to June 24 on the ASX, pending an announcement of the company entering a capital raise. Renergen is raising the proceeds for the completion of the Phase 2 studies of the Virginia gas project, and building... 

Renergen discovers 1.1% helium concentration at Evander prospect

By: Simone Liedtke     21st June 2021 Natural gas and helium producer Renergen has discovered helium at its Evander exploration rights prospect, with a concentration of 1.1% helium identified in the gas. Evander spans about 52 000 ha, with many abandoned holes drilled for coal and gold exploration. Evander is also conveniently... 

Renergen intersects gas-bearing fracture system at Virginia project

By: Simone Liedtke     18th June 2021 The target gas-bearing fracture system has been intersected close to prognosis at natural gas producers Renergen’s R2D2 well between wells MDR5 and HR1, which are located at the Virginia gas plant, in the Free State. Renergen said on June 18 that gas samples would be collected and sent to the... 

Big oil must work harder to slash Africa emissions, WoodMac says

By: Bloomberg     15th June 2021 Oil majors need to curb emissions in sub-Saharan Africa -- where almost half of their most polluting assets are located -- as investors demand greater efforts to slash carbon output, according to Wood Mackenzie. Crucially, the companies must reduce gas flaring -- the process of burning off gas... 

Gas a bridge for South Africa to become a low-carbon economy

By: Simone Liedtke     8th June 2021 South Africa will need to use gas as a “very solid bridge” to ensure a just and inclusive transition to a low-carbon economy, University of the Witwatersrand (Wits) Business School professor Maurice Radebe has said. The feedstock's acting as a bridge, he explained during a presentation at the... 

Glencore, Novatek sign heads of agreement on LNG supply

By: Tasneem Bulbulia     2nd June 2021 One of global diversified natural resource company Glencore’s affiliates has signed a heads of agreement with Russia-based gas producer Novatek Gas and Power for the long-term supply of liquefied natural gas (LNG) from the Arctic LNG 2 project. The agreement establishes the key commercial terms... 

Renergen on ‘much stronger footing’, despite Covid-19 headwinds

By: Simone Liedtke     31st May 2021 With the financial year, ended February 28, having been an “exciting” one for natural gas producer Renergen, the company believes it is on a “much stronger footing” towards becoming a significant helium and liquefied natural gas (LNG) producer, despite headwinds presented by the Covid-19... 

Transnet engages local communities, businesses on Richard Bay port plans

By: Schalk Burger     28th May 2021 State logistics company Transnet on May 28 shared its plan for the strategic industrial Port of Richards Bay with the local mayor, business community and ten traditional leaders in Umhlathuze and the surrounding areas. The port is set to play a core role in Transnet's Natural Gas strategy and... 

Renergen detects gas odour at R2D2 well, drilling progressing

By: Simone Liedtke     10th May 2021 Drilling at natural gas and helium producer Renergen’s R2D2 well has progressed as anticipated, and drilling has been interpreted to be proximal to the target gas-bearing fracture system. The company reports that logging operations are under way in preparation for casing the well and applying for... 

Questions, concerns remain about Karpowership bids 

By: Simone Liedtke     3rd May 2021 Opposition political party, the Democratic Alliance (DA) has called on Mineral Resources and Energy Minister Gwede Mantashe to provide more insight into the real basis of the Karpowership bids and to explain why the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) seems... 

Low price could boost LNG development

By: Cameron Mackay     23rd April 2021 A decrease in oil demand and, consequently, in prices last year because of Covid-19 also resulted in lower prices for liquefied natural gas (LNG). Business research consultancy Birguid associate researcher Patience Panashe argues that LNG buyers can take advantage of this to import LNG into South... 

GAS CEILING 
Given the increased LNG exploration in Africa, more acquisition transactions are expected to occur. This will consolidate the African LNG market, bolstering growth and production
GAS CEILING Given the increased LNG exploration in Africa, more acquisition transactions are expected to occur. This will consolidate the African LNG market, bolstering growth and production

Nedbank makes pioneering ‘zero fossil-fuel exposure by 2045’ pledge 

By: Terence Creamer     22nd April 2021 South Africa’s Nedbank Group released an ambitious new energy policy on April 22, containing a commitment to reduce its exposure to all fossil fuels to zero by 2045, as well as a pledge to halt all new thermal coal-mine financing by January 1, 2025. Simultaneously, Nedbank said it would scale up... 

Nedbank makes pioneering ‘zero fossil-fuel exposure by 2045’ pledge

DPD Laser to buy 110 Cryo-Vacc Covid-19 vaccine containers from Renergen 

By: Simone Liedtke     21st April 2021 Domestic natural gas and helium producer Renergen and local express courier partner DPD Laser have inked an agreement for Renergen to manufacture the first 110 Cryo-Vacc units for supply to DPD. The Cryo-Vacc is suitable for both air and ground transportation. Liquid nitrogen is used to keep the... 

The Cryo-Vacc
The Cryo-Vacc

Renergen appoints Resgen’s Brian Harvey as FD

By: Simone Liedtke     20th April 2021 Emerging natural gas and helium producer Renergen has appointed Brian Harvey as its new FD, effective May 1. The appointment follows after former FD Fulufhedzani Ravele resigned last month to pursue other opportunities. 

Energy expert writes to government calling for overhaul of RMIPPPP ahead of July financial close  

By: Terence Creamer     19th April 2021 An energy expert has written to the Department of Public Works and Infrastructure (DPWI) and the Independent Power Producer (IPP) Office to highlight the expensive shortcomings of the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP), which he says should be replaced by a... 

Energy expert writes to government calling for overhaul of RMIPPPP ahead of July financial close

Wärtsilä converting 90 MW fuel oil power plant to LNG in Senegal

By: Schalk Burger     12th April 2021 Energy and marine equipment manufacturer Wärtsilä will convert the 90 MW Bel-Air heavy fuel oil power plant in Dakar, Senegal, to operate on liquefied natural gas (LNG). The project is part of an interim LNG-to-power bridge solution, and is the first power plant gas conversion in Senegal, the... 

Renergen inks landmark Phase 2 helium contract

By: Simone Liedtke     12th April 2021 Domestic natural gas and helium producer Renergen has inked its first helium sales agreement with a global tier-one automotive supplier in what is the company’s first direct-to-customer helium deal. For reasons of confidentiality, Renergen says that it is unable to disclose who the customer is or... 

Renergen completes fifth major milestone at Virginia gas project

By: Simone Liedtke     1st April 2021 Dual-listed natural gas and helium producer Renergen has completed its fifth major milestone at its Virgina gas project, in the Free State, as the company works towards the start of production in 2021. The milestone includes the shipment of various equipment from China to South Africa. 

Total postpones restart of work on $20bn Mozambique gas project amid violence

By: Reuters     29th March 2021 Suspected Islamist insurgents attacked a convoy of fleeing civilians, including foreign workers, as fighting continued in a northern Mozambique town that is near a number of gas projects, security and diplomatic sources said. At least one person was killed and a number wounded in Friday's attack,... 

Fossil fuels found accountable for millions of deaths

By: Halima Frost     19th March 2021 Fossil fuels are, through a marked contribution to air pollution, accountable for 8.7-million deaths globally in 2018, which adds to the mounting evidence that air pollution from ongoing dependence on fossil fuels is detrimental to global health, says University College London (UCL) associate... 

POISON
Fossil fuels are responsible for millions of deaths globally every year
POISON Fossil fuels are responsible for millions of deaths globally every year

Gas can decrease emissions in power generation

By: Halima Frost     19th March 2021 With power generation being accountable for 41% of current global carbon emissions, which amount to about 33.7 Gt/y of carbon dioxide (CO2), multinational conglomerate General Electric Company (GE) believes that gas can play a vital role in decreasing carbon emissions. “Gas burns at less than... 

TURNING GAS TO POWER
The HA turbine supplied by GE has made significant inroads into the energy sector since its introduction
TURNING GAS TO POWER The HA turbine supplied by GE has made significant inroads into the energy sector since its introduction

Renergen strikes gas at another well, CEO says it is an ‘unexpected bonus’

By: Simone Liedtke     11th March 2021 Domestic natural gas and helium producer Renergen has made another significant gas strike at its Virginia gas project, this time in well MDR1, 300 m north of the currently producing MDR5 well. The Virginia project is located in South Africa’s Free State province. 

Renergen strikes gas at ‘true exploration well’ at Virginia project

By: Simone Liedtke     9th March 2021 Domestic natural gas and helium producer Renergen has struck gas in well P007 at the base of the Karoo sediments, at a depth of just over 400 m. P007 is considered a “true exploration well”, as opposed to a development or appraisal well, and was being drilled by Renergen to inform possible... 

Southern Africa has ‘huge potential’ to benefit from the shift to green hydrogen

By: Simone Liedtke     4th March 2021 While there is growing momentum across the world in investing in hydrogen and the related import and export value chains, management consulting company Kearney MD Romain Debarre warns that there is still a lack of supply and demand for the hydrogen economy. While there is a market for hydrogen... 

South Africa has ‘all the right ingredients’ to transition to a gas economy – panel

By: Simone Liedtke     4th March 2021 As gas opportunities rise owing to recent discoveries and Africa’s ongoing energy deficit, management consulting company Kearney metals and mining global lead Igor Hulak says gas provides a “viable opportunity” to decrease dependency on coal. “Natural gas will remain a critical element of the... 

Africa’s industrialisation will require gas as additional energy source

By: Simone Liedtke     3rd March 2021 Africa will require more energy sources than renewables to ensure the continent’s growth and its industrialisation, International Gas Union secretary general elect Andy Calitz told delegates attending the virtual Africa Gas Forum, on March 2. He said natural gas was already considered to be one... 

Petredec expands South African operations through acquisition

By: Simone Liedtke     1st March 2021 Liquefied petroleum gas (LPG) trading and shipping company Petredec has completed the acquisition of Eastern Cape fuels distributor Quest Petroleum, which will now become part of the Petrefuel Business Division in South Africa. Quest will become part of the Petrefuel group of companies, along... 

Sasol upscales renewables roll-out ambition to 900 MW, starts plotting big green-hydrogen role 

By: Terence Creamer     22nd February 2021 JSE-listed Sasol announced on Monday that it would pursue a 900 MW renewable-energy roll-out at its Secunda and Sasolburg complexes by 2030, raising its initial deployment target of 600 MW by 50%. President and CEO Fleetwood Grobler said that the upscaled plan would be pursued in partnership with... 

The Secunda complex, in Mpumalanga
The Secunda complex, in Mpumalanga

Renergen appoints contractors for Virginia gas project's Phase 2 studies 

By: Simone Liedtke     27th January 2021 Emerging helium and natural gas company Renergen has appointed three companies for the engineering studies for Phase 2 of its Virginia gas project, in South Africa’s Free State province. The three companies are Saipem South Africa, EPCM Holdings and Sproule. 

Renergen appoints contractors for Virginia gas project's Phase 2 studies

UN seeks $254m to respond to escalating humanitarian crisis in gas-rich Cabo Delgado  

By: Terence Creamer     20th January 2021 The United Nations is warning that the humanitarian crisis in the gas-rich Cabo Delgado province, of northern Mozambique, has escalated dramatically over the past 12 months with more than 500 000 people having been displaced as a result a religiously inspired conflict. The UN launched an appeal... 

UN seeks $254m to respond to escalating humanitarian crisis in gas-rich Cabo Delgado

Renergen hoping to highlight importance of diesel dual fuel with new truck 

By: Simone Liedtke     19th January 2021 Emerging natural gas and helium producer Renergen has replaced its old transport truck with a new one, equipped with the diesel dual fuel (DDF) kit and tank from the former truck, in a bid to prove the equipment will “outlast the truck”. While the truck itself is not linked to the company’s... 

Renergen hoping to highlight importance of diesel dual fuel with new truck
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