Agreement for sale of natural gas

Renergen, an integrated alternative and renewable energy business listed on the JSE’s Alt-X, recently announced that its subsidiary Tetra4, has secured an agreement with Black Knight Group for the sale of liquified natural gas. The transaction will fuel approximately one hundred trucks; significantly reducing carbon emissions and operator costs and improving vehicle lifecycle maintenance. The use of alternative fuels by suppliers continues to take centre stage, providing cleaner and safer solution for businesses as well as the environment. Black Knight Group, with 20 years’ experience in the fuel industry, has been distributing fuel products across South Africa and the wider SADC region. In recent years it has developed a logistics division aimed at providing holistic fuel solutions for clients. Tetra4, a vertically integrated gas producer, holds the first and (currently) only onshore petroleum production license issued by the Department of Mineral Resources through the Petroleum Agency of South Africa.

Contact Stefano Marani, Renergen, Tel 010 045-6000, info@renergen.co.za

 

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