Combat climate change through technology

Sasol and Gassnova sign agreement

The South African energy company Sasol has the intention of becoming a partner in TCM, and today signed a Memorandum of Understanding (MoU) with Gassnova.

The signing of the MoU by Pat Davies from Sasol and Bjørn-Erik Haugan, CEO of
Gassnova SF and chairman of TCM DA, took place in the presence of South African
President, Jacob Zuma and visiting Norwegian monarchs, King Harald V and Queen
Sonja, during their state visit to South Africa.

TCM is a unique international technology cooperation, established to test, verify and
demonstrate technology suitable for deployment at large scale CO2- capture facilities.
The current TCM partners are Gassnova SF, A/S Norske Shell and Statoil ASA, with
Gassnova SF representing the Norwegian State in the project.

The technology centre is currently under construction at Mongstad on the west coast of
Norway and will be in operation by the end of 2011. The test facilities are planned to
capture 100 000 tons of CO2 per annum.

Sasol is proud that South Africa will soon be represented amongst the world’s leading
nations in the fight against climate change.

- The signing of this MoU is an important development that will support our commitment to reducing the company’s Green House Gas emissions,”Davies said.

- Sasol will continue to contribute to South Africa’s fuel security through its coal-to-liquid
fuel technology for some time to come and while there is no single solution to the
reduction of GHG emissions, we participate in a number of initiatives such as TCM, to
find the optimum mix of solutions. We have set targets to reduce our carbon footprint
and, through sound partnerships with the best minds from across the globe, we will
produce innovative solutions, Davies said.

Sasol aims to reduce its CO2 emissions by 15% by 2020 (based on 2005 as baseline) as well as lower targets at the absolute level for new CTL projects (30% down by 2030 on a 2005 baseline).

- We are very pleased that Sasol, one of the founding members of the South African
Carbon Capture and Storage Center, will participate in the testing of CO2 capture
technologies at the technology center,” said Bjørn-Erik Haugan.

- One of TCM’s main ambitions is to develop CO2 capture technologies capable of wide
national and international deployment. It is therefore a significant step to have a
solutions-driven company with Sasol’s extensive technical experience as a partner in the venture, added Haugan.

Issued by Sasol and Gassnova SF.

For further information, please contact:
Jacqui O’Sullivan, Group Communication Manager
Direct telephone +27 (11) 441 3252 | Mobile +27 82 883 9697

Nothemba Noruwana, Group media manager
Direct telephone +27 11 441 3295 | Mobile +27 82 329 0186

Bjørn-Erik Haugan, CEO
Telephone +47 905 53 394 |

Tore Amundsen, Managing Director
Telephone +47 900 51 222 |

Publisert 8/17/2010

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