Tetra4 strikes Liquified Natural Gas deal with Black Knight

0

Renergen Limited, an integrated alternative and renewable energy business listed on the JSE’s Alt-X, today announced that its subsidiary Tetra4 (Pty) Ltd, has secured an agreement with Black Knight Group for the sale of Liquified Natural Gas (LNG).

The transaction will fuel approximately one hundred trucks; significantly reducing carbon emissions and operator costs and improving vehicle lifecycle maintenance.

“Tetra4 is proud to be associated with Black Knight as they embark on their new venture to disrupt the local logistics market using cutting-edge technology and international best practice,” says Stefano Marani, Renergen CEO.

“The use of alternative fuels by suppliers continues to take centre stage, providing cleaner and safer solution for businesses as well as the environment,” comments Jacques D’ymant, Black Knight CEO.

“Through our partnership with Tetra4, we can now ensure that these ongoing benefits – including cost savings – are passed on to our clients.”

Black Knight Group has 20 year’ experience in the fuel industry has been distributing fuel products across South Africa and the wider SADC region.

In recent years Black Knight Group has developed a logistics division.

Tetra4, a vertically integrated gas producer, holds the first and only onshore petroleum production license issued by the South African Department of Mineral Resources through the Petroleum Agency of South Africa (PASA).

Share.

About Author

Bontle Moeng is the Founder and Managing Director of BizNis Africa. Moeng has spent 16 years working in the digital and online media industry across Africa. She applied her trade at True Love magazine prior to discovering her passion for Investment news in key sectors across Africa. Moeng previously worked for ITWeb, Starfish Mobile Technologies, ITNewsAfrica, AVATAR Agency, eNitiate, Global Interface Consulting and Havas Johannesburg. Her primary focus is to provide solid and valuable content on investment opportunities for the ICT, Energy and Mining sectors across Africa. In addition, the online news publication assists global companies to expand their presence in Africa. Email: news@biznisafrica.co.za

Leave A Reply