Gasum in Dutch move

Finnish state-owned energy firm and LNG supplier, Gasum, is strengthening its presence in the Amsterdam-Rotterdam-Antwerp region by registering for business in the Netherlands.

According to a statement by Gasum, the company’s Swedish entity has been entered into the Dutch trade register in February 2023.

“While Gasum has been active in the region for some time now, being registered as a legal entity in the Netherlands opens up new opportunities for the future in the liquefied natural gas (LNG) and liquefied biogas (LBG) maritime market,” it said.

Gasum’s chartered LNG bunkering vessel Kairos is working only in the ARA region as part of the firm’s strategy to expand its maritime services in northwest Europe.

The company also has a deal to bunker Equinor’s LNG-powered offshore vessels, including in the ARA region.

Gasum recently also started building a bio-LNG plant in Sweden, the first one in a series of five large-scale biogas plants.

The firm is boosting the production of bio-LNG or LBG, which can be used directly instead of or mixed in with LNG.

LBG can cut carbon dioxide emissions by 90 percent compared to fossil fuels, when it its produced from waste streams, according to Gasum.

Gasum’s goal is to increase biogas availability on the market “significantly” in the next five years.

“LNG usage in maritime transport will increase significantly in the near future. Upcoming EU emissions regulations are expected to increase interest and uptake of lower emission alternatives, of which LNG is currently the most viable,” Jacob Granqvist, VP maritime at Gasum, said in the statement.

“The continental Northwest Europe region is a huge emerging market and Gasum is well positioned as an experienced player to take a significant piece of it”, he said.

- Advertisements -

Most Popular

ConocoPhillips books capacity at Zeebrugge LNG terminal in Belgium

US energy giant ConocoPhillips has signed a deal to book long-term capacity at the Fluxys-operated Zeebrugge LNG import terminal...

Tellurian updates on Driftwood LNG work

US LNG terminal developer Tellurian, which is being acquired by Australia's Woodside, released the latest construction update for the...

NextDecade names new COO

US LNG firm NextDecade, the developer of the Rio Grande LNG export project in Texas, has appointed Tarik Skeik...

More News Like This

Finland’s Gasum says to stop Russian LNG imports

Finnish state-owned energy firm and LNG supplier, Gasum, said it will stop importing liquefied natural gas from Russia after...

Gasum supplies bio-LNG to Metallica’s tour trucks

Finnish state-owned energy firm and LNG supplier, Gasum, delivered bio-LNG to Metallica's Iveco tour trucks in Finland. According to a...

Gasum, Equinor extend LNG bunkering pact

Finnish state-owned energy firm and LNG supplier, Gasum, will continue to bunker Equinor’s fleet of chartered LNG-powered vessels under...

Gasgrid: Inkoo FSRU capacity 95 percent booked in 2024

Finland’s gas system and LNG terminal operator Gasgrid said companies have booked 95 percent of the offered regasification capacity...