By Adnan Bajic South African domestic natural gas and helium producer Renergen reported significant interest in the country’s first-ever liquefied natural gas (LNG) auction.
Courtesy of Renergen
The company said on Wednesday interested parties had until the close of business Friday, August 28, 2020, to register interest in participating in the auction.
The number of registrations has significantly exceeded expectations, demonstrating the inherent demand of the domestic market for alternative energy supplies, the statement reads.
Respondents are finalising non-disclosure agreements, which will allow information sharing to commence and ascertain any specific site-requirements allowing for the switch from other fuels to LNG.
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