LNG

Nordic natural gas company Gasum of Finland, the region’s biggest distributor of LNG, aims to change its strategy in the next five years to concentrate operations on biogas made from waste and the electricity business.

Gasum, the Finnish state-run natural gas company and leading Nordic LNG supplier, has named Mika Wiljanen as the new Chief Executive in succession to Johanna Lamminen, who stepped down after seven years in the post.

Gasum, the Finnish state-owned LNG distribution company and regasification and liquefaction infrastructure owner in the Nordic region, is looking for a new Chief Executive after incumbent Johanna Lamminen resigned with immediate effect after leading the company for over seven years

Gasum, the Finnish state-owned LNG distribution company and regasification and liquefaction infrastructure owner in the Nordic region, posted an annual net loss and lower revenues while expanding its operations.

Finnish state-run natural gas supplier Gasum said it completed the takeovers of the LNG and biogas business of Germany’s Linde AG as well as German firm Nauticor’s marine bunkering unit.

Gasum, the Nordic natural gas company and LNG supplier based in Finland, said it had agreed to acquire two businesses from the German group, Linde AG, with one involved in the clean energy sector and another in LNG maritime fuel.

Gasum, the natural gas network company in Finland and a leading Nordic liquefied natural gas supplier, reported nine-month earnings down by 7.2 percent as its clean energy policies proved to be slow in growing profits as it also prepared for the opening up of the market with the spinning off of a new company called Gasgrid Finland.

Finnish natural gas company Gasum, an LNG supplier and infrastructure operator in Finland, Sweden and Norway reported lower profits and volumes ahead of the opening up of Finland’s gas market in 2020.

Gasum, the natural gas company of Finland, posted annual pre-tax profits little changed from the previous year even as the value of liquefied natural gas sales increased by 29 percent because of higher oil prices.

Gasum, the natural gas network owner in Finland and an LNG distributor and regasification terminal operator through its subsidiary Skangas, has sold its technical unit to the Finnish Viafin Service Group.