Nordic natural gas company and LNG distributor Gasum plans to focus business on biogas and power
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.
Leading Nordic LNG supply company Gasum seeks new CEO as incumbent Johanna Lamminen steps down
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
Finland and Sweden build liquefied natural gas network of fuel stations for trucks and cars
The liquefied natural gas fuel filling station network in the Nordic countries is growing with Finnish energy company Gasum opening its third station in Sweden and with plans to enter the road transport fuel market in Norway.
Gasum said the new Swedish station offers LNG and liquefied biogas for heavy-duty vehicles in the town of Orebro, where Gasum also has a biogas plant.
The Finnish natural gas company has set itself a 2019 goal of expanding its filling station network for heavy-duty vehicles to 20 stations, with 12 of the stations located in Sweden.
Gasum hopes to have a network for 50 liquefied gas filling stations for all vehicles by the early 2020s.
“Heavy road transport is increasing and today represents around 30 percent of carbon-dioxide emissions in the EU road transport sector,” Gasum claimed.
“Replacing traditional fuels with alternative low-emission fuel options is quickly becoming the norm throughout the road transport sector, as well as in other industries,” Gasum noted.
The company said customer demand for cleaner fuels for heavy-duty vehicles is increasing rapidly, which is why Gasum, together with its partners, was focusing on developing the gas infrastructure and filling station network in the region.
“For logistics (trucking) companies, LNG and LBG are a necessity in the transition to a carbon neutral future. At the same time, they enable significant savings in fuel costs,” said Mikael Antonsson, a transport director at Gasum Sweden.
According to recent European Union legislation, the average CO2 emissions of new trucks needs to be 15 percent lower by 2025 compared with 2019 and at least 30 percent lower by 2030.
Furthermore, Sweden has set a national target to reduce CO2 emissions from domestic traffic by at least 70 percent by 2030.
“With the use of LNG, CO2 emissions can be reduced by approximately 20 percent compared to traditional fuels and with LBG the reduction is as much as 85 percent,” said Gasum.
