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Successful Introduction Of Gas To Plant

Published: 2022-07-11 09:30:40 ET
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RENERGEN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2014/195093/06)
JSE Share code: REN
A2X Share code: REN
ISIN: ZAE000202610
LEI: 378900B1512179F35A69
Australian Business Number (ABN): 93 998 352 675
ASX Share code: RLT
(“Renergen” or “the Company”)


SUCCESSFUL INTRODUCTION OF GAS TO PLANT


Renergen is proud to announce completion of a highly anticipated milestone, with natural gas
to plant successfully achieved on 8 July 2022.

Gas to plant was achieved and signified by opening of the main inlet line from the gas
gathering system, to the process plant and then to the natural gas filtration and pre-
compression system.

The key objectives of introducing gas to plant was to ensure that:

   •   Plant safety systems could be verified under controlled conditions, before moving into
       various areas of the process plant; and

   •   Full commissioning and operational testing of the emergency and operational flare
       systems were completed, which is the first integrated run between the pipeline system
       and process plant. The flare system tests included pilot and igniter operation and
       functional tests using product from the process plant. Tests also included the wet gas
       knock-out testing and water collection and recirculation systems.

Final commissioning workstreams will be completed over the coming weeks, with commercial
operation commencing once customer sites are ready to begin accepting product and
Renergen expects this to occur towards the end of July 2022.

“Successful introduction of gas to plant at our world-class Virginia Gas Project is an incredible
achievement and testament to the hard-work and commitment of the entire team. This major
milestone has been a long time coming and I am incredibly proud of the efficient progression
and success of the Company since acquiring this unknown greenfield asset only a few years
ago.

“We have worked towards positioning the Virginia Gas Project as a globally significant LNG
and helium producer and we are very close to delivering on this goal. Now we know that the
plant is safe and critical start-up risks have been addressed, the remaining steps are purely
mechanical, which is obviously a major source of relief to everyone.

“Speaking on behalf of myself and the board, we honestly could not be prouder of Nick and
his team on navigating and developing the Project to this point,” said Stefano Marani, CEO.

Johannesburg
11 July 2022
Authorised by: Stefano Marani
Chief Executive Officer

Designated Advisor
PSG Capital




For Australian Investors & Media, contact Citadel-MAGNUS
Cameron Gilenko, 0466 984 953
www.renergen.co.za