Renergen believes its Virginia Gas Project in South Africa’s Free State has the potential to supply the entire world’s helium demand for decades.
The LNG and helium producer recently undertook a helium prospective resources report, which indicated helium volumes of between 30 and 344 billion cubic feet (BCF).
“If you consider the world consumes around 6 BCF of helium per annum, assuming the top end of the prospective resource was recoverable, it would be sufficient helium to supply the entire world demand for almost six decades,” Renergen CEO Stefano Marani told gasworld.
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