LNG

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.

Gasum, the leading liquefied natural gas fuel company in the Nordic countries, has signed a contract with one of the region’s leading steel companies with a plant in Northern Norway, to supply LNG and to develop a customer terminal.

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.