Gasum Consolidates Nordic LNG Market

Shailaja A. Lakshmi
Sunday, December 16, 2018

The Liquefied Natural Gas (LNG) company Skangas is renamed Gasum (See MarineLink report ).  

The Scandinavian distributor and producer of small-scale LNG claimed that the name change will strengthen the Gasum brand in the Nordic countries and the position of Gasum as the leading provider of LNG in the region. Gasum operates under one strong brand in the Nordic countries.

The energy company Gasum increased its shareholding in Skangas from 70% to 100% in October 2018. The acquisition is part of the Gasum strategy, a core element of which is to develop the Nordic gas market and LNG infrastructure.

“We want to lead the way and take the Nordic countries towards a cleaner tomorrow under one strong brand. Skangas, now being integrated into the Gasum Group, improves our capacity to build and develop the Nordic gas ecosystem and respond to the growing demand. The need for cleaner fuel solutions for industry and transport alike is increasing significantly, and LNG is the most competitive alternative among low-emission fuels. We will continue to provide our customers with as smooth access to services as before,” says Gasum CEO Johanna Lamminen.

There will be no changes to the Business ID codes or contact details. The new companies will be Gasum AS, Gasum LNG Production AS, Gasum LNG Oy, Gasum LNG AB, the two first companies in Norway, Finland and Sweden respectively.

Categories: Energy LNG Bunkering

Related Stories

Petronas Awards Estuary Cluster PSC to Harvester Energy

Saipem Bags Commissioning Contract for Türkiye-Bound FPU

Oil Jumps as Houthi Strikes Disrupt Saudi Energy Operations

Petronas Turns to AI to Accelerate Upstream Investment

Seatrium Nears Dual FPSO Sailaway for Petrobras' Búzios Field

BP Completes Central Azeri Platform Maintenance, Ramps Up Production

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

ADNOC, XRG and Mitsui Broaden Energy Cooperation

Yinson Production Names FSO for Murphy's Lac Da Vang Project off Vietnam

Current News

Asia's Oil Industry Braces for Prolonged Hormuz Disruption

Petronas Awards Estuary Cluster PSC to Harvester Energy

ABS Backs Hanwha Ocean’s Standardized FPSO Design

Larsen & Toubro Adds Major ONGC Offshore Project to Orderbook

Energean’s Profit Rises as Israeli Gas Operations Recover

Saipem Bags Commissioning Contract for Türkiye-Bound FPU

Oil Jumps as Houthi Strikes Disrupt Saudi Energy Operations

Petronas Turns to AI to Accelerate Upstream Investment

PTTEP, Petronas Ink 35-Year Malaysia-Thailand Gas Deals

Iran Outlines Terms for Restoring Hormuz Shipping

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com