Renergen, Total to Market LNG in SA

Johannesburg and Sydney-listed Renergen has signed an agreement with French Total to jointly market and distribute LNG in South Africa, it said on June 18 in a statement. The commodity will be distributed through Total’s fuel stations in the country.

Renergen said the first route targeted under the agreement will be the N3 between Johannesburg and Durban, followed by the corridors leading to the other major cities once its phase two project comes online.

“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,” said CEO of Renergen, Stefano Marani.

Renergen is in the construction phase of South Africa’s first commercial LNG plant, and is anticipating a turn-on date of the plant around the third quarter 2021. The customer base for the LNG will predominantly be logistics companies operating trucks along the main routes across the country, with a significant portion of the initial production already allocated to customers.

Earlier this year, Renergen agreed to supply LNG to South Africa’s Bulk Hauliers International Transport.