BASF and Yamal LNG OAO have concluded a license agreement on the use of BASF’s technology for the removal of carbon dioxide from natural gas. The use of the technology, marketed under BASF’s Oase® brand, is a prerequisite for the production of liquefied natural gas (LNG).
A.M. Fridman, Deputy Chairman of Novatek OAO , said: “ The selection of the natural gas treatment technology is one of the most important design solutions for the Yamal LNG project. The agreement with BASF is signed full conformity with the project implementation schedule and is another important step towards the final investment decision on the Yamal LNG project.”
Christof Thoma, Total LNG expert , noted: “BASF is the licensor of a robust gas removal process which is used in a number of LNG plants worldwide. The application of this technology in an Arctic LNG project is well justified.”
Dr. Andreas Northemann, head of the global gas treatment business in BASF’s Intermediates division , said: “BASF’s Oase technology has proven its robustness and flexibility under extreme conditions, whether climatic or technical. The cooperation with Yamal is another milestone in our 40 years of experience in the gas treatment business.”
[mappress] LNG World News Staff, September 17, 2012; Image: Novatek