Renergen Limited has signed a deal with a unit of Total, to jointly market and distribute Liquefied Natural Gas (LNG) across South Africa.
As part of its Victoria gas project, the South African natural gas and helium producer is building the nation’s first LNG plant; a project that will develop several fields across Welkom, Virginia, and Theunissen in the Free State province.
The deal was announced on Thursday, 18 June, 2020. The first route under the signed deal reportedly includes the N3 between Johannesburg and Durban, while other major routes will follow when the project’s second phase comes into production.
The company said that it had already allocated a significant portion of the initial production to its customers, and it hoped to commence operation in the small-scale LNG plant intended to produce 645 tonnes in the third-quarter of next year.
According to Renergen, LNG will replace diesel, reduce operating costs and help several companies to meet their sustainability targets.
Reacting to the deal, Mariam Kane-Garcia, MD of Total, South Africa, said, “It is a proud moment for Total South Africa as it is yet another first for our company. Total is committed to better energy and with this partnership we are taking another step towards providing affordable, reliable and clean energy in line with our Climate Ambition to achieving carbon neutrality by 2050 together with society. We look forward to working together with Renergen to continue making a difference in South Africa.”
CEO of Renergen, Stefano Marani, said, “We are proud to have partnered with a global forward-thinking energy company. Total has a big focus on sustainability and a proven track record in the LNG space, which was clearly an advantage. This agreement is intended to provide ideal filling locations for our customers along strategic routes across the country, and the union will create a powerful first mover advantage in this exciting space in South Africa.”
The French giant, Total, is a major brand in the South African petroleum industry, with 547 service stations located all over South Africa.
Download full statement here
%20across%20strongSouth%20Africa/strong.As%20part%20of%20its%20Victoria%20gas%20project,%20the%20South%20African%20natural%20gas%20and%20helium%20producer%20is%20building%20the%20nation's%20first%20LNG%20plant;%20a%20project%20that%20will%20develop%20several%20fields%20across%20Welkom,%20Virginia,%20and%20Theunissen%20in%20the%20Free%20State%20province.The%20deal%20was%20announced%20on%20Thursday,%2018%20June,%202020.%20The%20first%20route%20under%20the%20signed%20deal%20reportedly%20includes%20the%20N3%20between%20Johannesburg%20and%20Durban,%20while%20other%20major%20routes%20will%20follow%20when%20the%20project's%20second%20phase%20comes%20into%20production.The%20company%20said%20that%20it%20had%20already%20allocated%20a%20significant%20portion%20of%20the%20initial%20production%20to%20its%20customers,%20and%20it%20hoped%20to%20commence%20operation%20in%20the%20small-scale%20LNG%20plant%20intended%20to%20produce%20645%20tonnes%20in%20the%20third-quarter%20of%20next%20year.According%20to%20strongRenergen/strong,%20LNG%20will%20replace%20diesel,%20reduce%20operating%20costs%20and%20help%20several%20companies%20to%20meet%20their%20sustainability%20targets.a%20href=https://ibekachikwu.com/wp-content/uploads/2020/05/IMG_8690.pngimg%20class=size-medium%20wp-image-1578%20alignright%20src=https://ibekachikwu.com/wp-content/uploads/2020/05/IMG_8690-300x200.png%20alt=%20width=300%20height=200%20//aReacting%20to%20the%20deal,%20Mariam%20Kane-Garcia,%20MD%20of%20Total,%20South%20Africa,%20said,%20em“It%20is%20a%20proud%20moment%20for%20Total%20South%20Africa%20as%20it%20is%20yet%20another%20first%20for%20our%20company.%20Total%20is%20committed%20to%20better%20energy%20and%20with%20this%20partnership%20we%20are%20taking%20another%20step%20towards%20providing%20affordable,%20reliable%20and%20clean%20energy%20in%20line%20with%20our%20Climate%20Ambition%20to%20achieving%20carbon%20neutrality%20by%202050%20together%20with%20society.%20We%20look%20forward%20to%20working%20together%20with%20Renergen%20to%20continue%20making%20a%20difference%20in%20South%20Africa.”/emCEO%20of%20Renergen,%20Stefano%20Marani,%20said,%20em“We%20are%20proud%20to%20have%20partnered%20with%20a%20global%20forward-thinking%20energy%20company.%20Total%20has%20a%20big%20focus%20on%20sustainability%20and%20a%20proven%20track%20record%20in%20the%20LNG%20space,%20which%20was%20clearly%20an%20advantage.%20This%20agreement%20is%20intended%20to%20provide%20ideal%20filling%20locations%20for%20our%20customers%20along%20strategic%20routes%20across%20the%20country,%20and%20the%20union%20will%20create%20a%20powerful%20first%20mover%20advantage%20in%20this%20exciting%20space%20in%20South%20Africa.”/emThe%20French%20giant,%20Total,%20is%20a%20major%20brand%20in%20the%20South%20African%20petroleum%20industry,%20with%20547%20service%20stations%20located%20all%20over%20South%20Africa.Download%20full%20statement%20a%20href=https://ibekachikwu.com/wp-content/uploads/2020/06/Renergen-and-Total-sign-joint-LNG-marketing-agreement.pdfhere/a){kind=link}