BASF and Pacific NorthWest LNG have concluded a license agreement on the use of BASF's OASE® technology for the removal of carbon dioxide and sulfur containing components from natural gas for all trains of Pacific NorthWest LNG's proposed liquefied natural gas (LNG) facility in the district of Port Edward, near Prince Rupert, British Columbia, Canada . The facility anticipates shipping first gas to customers by the end of 2018. The use of BASF's OASE technology for Gas Treating is essential for the production of liquefied natural gas (LNG).
BASF's OASE technology removes contaminants contained in the gas to enable its liquefaction at temperatures of about minus 160 degrees Celsius. The technology has a proven track record in LNG facilities around the globe and its robustness and flexibility to meet stringent removal requirements is well recognized in the industry. Dr. Andreas Northemann, Head of the Global Gas Treatment business in BASF's Intermediates division, said: "We are pleased to work together with Pacific NorthWest LNG to provide the optimum solution for their facility. This cooperation is another milestone in enhancing and building on our long term presence in Canada." BASF has been present in Canada since 1954 with headquarters in Mississauga, Ontario and has manufacturing and sales sites across Canada.
Front-End Engineering and Design (FEED) for the LNG facility is currently ongoing with three international engineering contractors. The FEED is expected to be complete and in time for a Final Investment Decision by the end of 2014.
With more than 40 years of experience, BASF offers its customers efficient solutions for the treatment of various gases such as natural gas, synthesis gas, and biogas. Worldwide, these solutions have been proven and demonstrated in over 350 reference plants. BASF markets its range of technologies, gas treatment agents and complete technical services under the brand OASE – Gas Treating Excellence by BASF.
About Pacific NorthWest LNG
Pacific NorthWest LNG is a proposed liquefied natural gas (LNG) export facility on Lelu Island within the District of Port Edward, British Columbia, on land administered by the Prince Rupert Port Authority. The facility, representing an investment of $9 billion to $11 billion, would export natural gas produced by Progress Energy Canada in northeast B.C. Both Pacific NorthWest LNG and Progress Canada Energy are majority-owned by PETRONAS, Malaysia's national energy company. JAPEX is a minority shareholder in Pacific NorthWest LNG and its associated natural gas supply.
About BASF – The Chemical Company
BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF had sales of €72.1 billion in 2012 and more than 110,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).
