Tetra4, a subsidiary of Renergen and the developer of the Virginia Gas Project, has entered into an additional take-or-pay contract to supply liquified natural gas (LNG) to a domestic food processor, establishing a multi-year contracted cash flow supporting Phase 1 commercial operations, which remain targeted for completion in the third quarter of 2026

The LNG sale and purchase agreement, which is a five-year take-or-pay contract, is priced at greater than $16 /GJ (0.9478 MMBtu) of LNG, at current exchange rates

Following the execution of this contract, Renergen has now secured take-or-pay contracts to support approximately 75% of the LNG volumes anticipated from Phase 1

The Company is in discussions with multiple other potential customers and expects to complete contracting for Phase 1 volumes for both the liquid helium and LNG produced from Phase 1 during 3Q 2026

DALLAS, Aug. 06, 2026 (GLOBE NEWSWIRE) -- ASP Isotopes Inc. (NASDAQ:ASPI) ("ASP Isotopes" or the "Company"), an advanced materials company focused on developing technologies and processes for the production of critical materials used in multiple industries, today announced that Tetra4 Proprietary Limited, a subsidiary of Renergen Limited ("Renergen") and the developer of the Virginia Gas Project, has entered into a new contract for the sale of liquified natural gas (LNG) to be produced at the Virginia Gas Project in the Free State, South Africa.