Renergen launches South Africa’s first LNG auction

By Adnan Bajic South African domestic natural gas and helium producer Renergen kicked off the country’s first-ever liquefied natural gas (LNG) auction.

Courtesy of Renergen

Interested parties are invited to apply to bid for the allocation of LNG, which will be produced from the company’s Virginia Gas project, located in the Free State, approximately 250 km southwest of Johannesburg.

Renergen holds the first and only onshore petroleum production right in South Africa.

The company noted LNG is the ideal substitute for liquid fuels, which will burn cleaner and release fewer emissions.

Importantly consumption of LNG does not require significant changes to the infrastructure required for liquid

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