JSE-listed Renergen says its Virginia gas project, in the Free State, could generate an estimated R5.7-billion to R6.2-billion in earnings before interest, taxes, depreciation and amortisation (Ebitda), once the Phase 1 and 2 plants are in full production. Renergen, in January announced that it had successfully produced both liquefied natural gas (LNG) and liquid helium from the Phase 1 pilot plant.