ASP Isotopes says Renergen unit signs five-year LNG take-or-pay contract priced above $16/GJ
ASPI•Contracted volumes rise as Phase 1 targets Q3 2026 start
The deal lifts contracted volumes to about 75% of anticipated Phase 1 LNG output. Phase 1 commercial operations are targeted for completion in Q3 2026.
Phase 1 is expected to produce 2,500 GJ/day of LNG and 70 Mcf/day of liquid helium. Commercial production is expected to start in Q3 2026.
Assuming $15-$18/GJ LNG and $600/Mcf helium, annualized revenue capability was cited at more than $27 million. Revenue recognition is expected in 2H 2026.
Five-year LNG supply contract signed for Virginia Gas Project
ASP Isotopes reported that Renergen unit Tetra4 signed a five-year take-or-pay LNG supply contract for output from South Africa’s Virginia Gas Project.
Pricing was set at more than $16/GJ on an all-in plant-gate basis. The contract covers about 10% of Phase 1 nameplate capacity.
