Renergen has announced the start of commercial sales of liquid helium, achieving cooling levels of -269˚C. The helium production is sourced from the Virginia Gas Project in South Africa, with significant financial projections following Phase 1 and Phase 2 operations. Phase 1 targets 350kg of liquid helium per day, while Phase 2 aims for 4,200kg.
Renergen, a natural gas and helium producer, has initiated commercial sales of liquid helium. This announcement follows the company achieving cooling levels of -269˚C on March 13, with actual sales commencing the subsequent day. Renergen plans to consistently fill Dewars containing between 250 and 500 liters of liquid helium.
The helium production is derived from natural gas sourced from Renergen’s Virginia Gas Project, located in the Free State Province of South Africa. The company anticipates that once Phase 1 and Phase 2 are fully operational, the project will generate between R5.7 billion ($313.7 million) and R6.2 billion ($341.2 million).
Phase 1 aims to produce 350 kilograms of liquid helium daily, alongside 2,700 gigajoules of liquefied natural gas (LNG) per day. Meanwhile, Phase 2 is projected to produce 4,200 kilograms of liquid helium daily, as well as approximately 34,400 gigajoules of LNG.
Renergen’s commencement of liquid helium commercial sales marks a significant development in the helium market. With strategic plans in place, the Virginia Gas Project is poised to contribute substantially to the company’s financial growth through its dual-phase production strategy of helium and LNG.
Original Source: energycapitalpower.com
