Kinetiko Energy Ltd (ASX:KKO, OTC:KKOEF) has taken a major step in a strategy to help alleviate South Africa’s energy crisis by becoming the first company in the country to produce power from onshore gas.
In a first of its kind in South Africa, Kinetiko has successfully demonstrated power production from a gas well at Amersfoort in cooperation with FFS Refiners by constructing a fully compliant gas train on-site to feed a 1.2MW gas generator.
Gas was produced from one existing gas well, which forms parts of a 5-well cluster in ER271, known as the Korhaan cluster, near Amersfoort.
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