Several major industry companies have signed an historic agreement today for the commercialisation of the Free State Helium and Natural Gas (NG) field near Welkom in South Africa.
Tier One player, The Linde Group, and its African subsidiary, African Oxygen Limited (Afrox), along with alternative energy company, Renergen Limited, and its subsidiary TETRA 4 (Pty) Limited, have all united under the contract, which will see the project commence operations in 2018.
Under the contract, Renergen will supply Linde with helium (He) reserves via an offtake contract, with the German corporation’s Global Helium unit being assigned the distribution rights for substantial reserves. It is understood that Afrox will operate the plant and market the He.
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