BASF and ENN Energy sign 15-year natural gas supply contract for Zhanjiang Verbund site

BASF recently signed a 15-year contract with ENN Energy to purchase natural gas for its Zhanjiang Verbund site.

After the contract is signed, ENN Energy will invest in the construction of the necessary supporting natural gas gate stations and pipelines to ensure a stable supply of natural gas to BASF's Zhanjiang Verbund site. It will also further enhance the clean energy supply capacity of Donghai Island in Zhanjiang area.

"This is an important milestone for BASF in securing one of the energy sources required for the Zhanjiang Verbund site. Natural gas, as one of the important sources of fuel and raw materials, plays an important role in the energy and raw material balance of BASF's Zhanjiang Verbund site." Marko Murtonen, Senior Vice President of BASF's new integrated site in China said.

"We are delighted to have successfully established a long-term partnership with ENN Energy. BASF is committed to building the Zhanjiang Verbund site into a model of sustainable production. We believe that this partnership will not only benefit both parties, but will also help build a sustainable and sustainable production base. Building Donghai Island into a world-class industrial cluster and jointly create a sustainable future for Zhanjiang." Marko added.

Xuesong Lu Assistant to the President, ENN Energy & General Manager, ENN Energy Guangdong, said,"ENN Energy is committed to becoming a pioneer in leading digital and intelligent transformation, creating quality life, taking root in dual-carbon innovation, and serving smart cities. BASF is known as the world's leading chemical company and is at the forefront of the global chemical industry. The successful establishment of a partnership with BASF is the result of in-depth dialogue and joint exploration between the two parties on the road to clean energy and sustainable development."

"ENN Energy is committed to cooperating with BASF and believes that this cooperative relationship will promote mutual benefit, win-win and common development for both parties, and make positive contributions to China's low-carbon strategy and the realization of dual-carbon goals."