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

TotalEnergies Eyes Black Sea Exploration with Türkiye’s TPAO

Borr Drilling Expects Higher Activity as Rigs Return to Work

Iran-Linked Tankers Sail Through Hormuz Before US Blockade

Oil Surges Over 7% to Above $102 Ahead of US Hormuz Blockade

UK Declines to Support US Hormuz Blockade, PM Starmer Says

Middle East Producers Gear Up for Hormuz Export Restart

Israel Orders Restart of Ops at Karish Offshore Gas Platform

Fire at ONGC's Offshore Platform Injures 10, Operations Normalized

Offshore Vietnam: Energy Imports Rise as Domestic Production Falls

Qatar LNG Halt Forces Asia to Seek Alternative Supplies

Current News

Saipem Bags $400M in Offshore Contracts from Aramco in Saudi Arabia

Toyo, OneSubsea Form Subsea CCS Partnership

Japan to Launch $10B Fund to Help Asia Secure Oil

TotalEnergies Eyes Black Sea Exploration with Türkiye’s TPAO

IEA Cuts Oil Demand, Supply Outlook Amid Iran War

Philippines Seeks US Extension to Buy Russian Oil

Borr Drilling Expects Higher Activity as Rigs Return to Work

Iran-Linked Tankers Sail Through Hormuz Before US Blockade

China Calls for De-Escalation as US Threatens Hormuz Blockade

Oil Surges Over 7% to Above $102 Ahead of US Hormuz Blockade

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