Haldor and Sasol partner to offer GTL solutions

Topsoe and Sasol announced that they have entered into a collaboration agreement to jointly
license their GTL technologies. For many years, the two companies have worked together on numerous GTL
projects and technologies, and Topsoe’s SynCOR™ technologies and Sasol’s Fischer-Tropsch technologies
have been licensed into several world-scale GTL ventures.

Under the collaboration agreement, the companies will continue to offer these core technologies and will
now also provide Topsoe’s hydroprocessing and hydrogen technologies. This gives potential customers
access to a single-point licensing offering that covers the entire value chain from gas feed to liquid fuels. As
single-point licensors, Sasol and Topsoe will offer customers all necessary technology licenses for a
complete GTL solution and in addition provide basic engineering, catalysts, and hardware.

TechnipFMC has been pre-approved to provide licensor engineering support and carry out front-end
engineering design, detailed design, procurement, and construction. TechnipFMC was the engineering,
procurement and construction (EPC) contractor for the Oryx GTL facility in Qatar and has performed a
number of front-end engineering designs for GTL facilities, including the Uzbekistan GTL.

“It is a pleasure to announce this collaboration. Together, Sasol and Topsoe now offer customers complete
and proven end-to-end GTL solutions. This is unique and extremely valuable for customers seeking
bankable GTL solutions for monetizing abundant natural gas reserves. With this collaboration, we now offer
customers a full range of solutions based on many of Topsoe’s core technologies, and we are excited to
expand our companies’ global leadership for proven gas monetization solutions,” says Amy Hebert, Deputy
CEO of Topsoe.

Marius Brand, Acting EVP Technology of Sasol, adds: “Sasol and Haldor Topsoe’s technology relationship
spans more than 20 years, through which we have successfully commercialized several advanced
technologies. We are delighted to enter into this collaboration arrangement, and with the support of
TechnipFMC we’re able to offer the best GTL technology to the market. Although Sasol announced in 2017
it would not pursue future equity participation in greenfield Coal to Liquids or GTL opportunities, we
recognize that our Fischer-Tropsch technology has a role to play in monetizing in-country natural gas
resources otherwise not accessible. In addition, the technology could play a significant role, in conjunction
with renewable energy resources, in the conversion of greenhouse gases to sustainable liquid fuels. The
combination of the Sasol and Topsoe technologies offers a proven and robust solution for these

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