Renergen has launched commercial sales of liquid helium after achieving -269˚C cooling levels. Sourced from its Virginia Gas Project, the initiative expects significant financial returns, with production goals outlined for both Phase 1 and Phase 2, focusing on helium and LNG outputs.
Renergen, a producer of natural gas and helium, has officially commenced the commercial sale of liquid helium. On March 13, the company achieved cooling temperatures of -269˚C and successfully filled Dewars containing between 250 and 500 liters of liquid helium. The following day marked the initiation of sales.
The helium utilized in production was sourced from Renergen’s Virginia Gas Project, located in South Africa’s Free State Province. The project holds significant financial potential, projected to yield between R5.7 billion ($313.7 million) and R6.2 billion ($341.2 million) once both Phase 1 and Phase 2 reach full operational capacity.
Phase 1 is designed to produce 350 kilograms of liquid helium daily alongside 2,700 gigajoules of liquefied natural gas (LNG). In contrast, Phase 2 plans aim for an output of 4,200 kilograms of liquid helium daily, in addition to approximately 34,400 gigajoules of LNG.
Renergen’s initiation of commercial liquid helium sales signifies a major milestone in natural gas and helium production in South Africa. With significant production capabilities planned in both Phase 1 and Phase 2 of the Virginia Gas Project, the company is positioned to make a substantial economic impact in the region while contributing to the global helium supply.
Original Source: energycapitalpower.com
