US provides $40m for Renergen’s South African gas project

Emerging liquefied natural gas (LNG) and helium producer Renergen has signed a $40-million loan agreement with the Overseas Private Investment Corporation (OPIC), marking a significant milestone for the company, which recently listed on the ASX. The loan, signed on Friday, was originally announced earlier this year but was subject to execution of the full loan agreement prior to its proceeds becoming available for the Virginia Gas Project.