Gasum on an Acquisition Spree
Finland-based integrated gas company Gasum takes steps forward in its growth strategy by acquiring AGA’s Clean Energy business and Nauticor’s Marine Bunkering business from Linde AG."These acquisitions will enhance the development of the Nordic gas market and create…
Gasum Consolidates Nordic LNG Market
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 acquires Enegia's power market services
Finland's state-owned gas firm and transmission system operator Gasum acquired the customer base of power broker Enegia, a company that handles the trading of about a quarter of the country's electricity use, the firm said on Friday.The transaction, the value of which was not disclosed, involves Enegia's portfolio services,
Gasum: Turku biogas project design Moves Forward
The Ministry of Employment and the Economy (MEE) has granted an extension of a biogas plant in Turku Board of Directors spearhead project support was EUR 7.97 million. Gasum Oy's design for project portfolio includes the Turku Topinoja biogas plant extension for…
Gasum now Biggest Biogas Producer in Nordic countries
Gasum has purchased 100% of the shares of the Swedish biogas producer Swedish Biogas International. The transaction makes Gasum the biggest producer of biogas in the Nordic countries. In the transaction concluded today, five biogas plants located in Jordberga, Katrineholm…
First Gas Filling Station Opens in Turku, Finland
The first gas filling station in Turku, Finland, was inaugurated at an opening seminar on November 7, 2016. Located by Tuontiväylä road close to the Port of Turku, the station was already opened for gas vehicle fill-ups last week.Gasum is committed to investing…
Finland's First LNG Terminal Commissioned
Finland's first LNG import terminal was opened this morning - 12/09/2016 - in Pori, Finland. At the same time including liquefied natural gas (LNG) deliveries to customers will begin. The terminal enables the delivery of liquefied natural gas to the gas network outside the industry…
First Shipload of LNG Arrives at Skangas Terminal Finland
Sunday July 10th 2016 the first shipload of liquefied natural gas (LNG) arrived at the Gasum’s subsidiary Skangas LNG terminal in Pori. To be completed in August, the facility is the first LNG import terminal in Finland. LNG was brought with the time chartered Skangas Coral Energy carrier from the North West Europe.
Finland's Gas Deal: Deep Discounting Not Enough
Contract with Russia partly linked to coal. Coal prices down 40 percent since 2011; even discounted gas too expensive for utilities, industry. Finland's natural gas contract with Russia is the envy of other countries yet even its deep discount and price link to cheaper coal cannot make power generation profitable.
Gasum Boosts LNG Network with Skangass Deal
Reuters - Finnish gas company Gasum is to acquire 51 percent of Norwegian Skangass's distribution operations from Lyse Corporation as it seeks to improve the efficiency of its liquefied natural gas (LNG) network. Gasum said on Monday that the deal, which will make it the largest Nordic operator in the LNG market…
Gasum to Boost LNG Network with Skangass Deal
(Reuters) - Finnish gas company Gasum is to acquire 51 percent of Norwegian Skangass's distribution operations from Lyse Corporation as it seeks to improve the efficiency of its liquefied natural gas (LNG) network. Gasum said on Monday that the deal, which will make it the largest Nordic operator in the LNG market…
