Gasum obtains LNG distribution license in France
The Nordic energy company Gasum has obtained a distribution license for liquefied natural gas (LNG) on the French market. This is a move to further expand the outreach of its maritime LNG offering, according to the company's release.
Gasum is pursuing a strategy of expanding the geographic outreach and quality of its maritime liquefied natural gas (LNG) offering. The company seeks to further improve the service to its shipping customers. As part of this strategy, Gasum has now obtained a license to deliver maritime LNG in France, allowing it to add French ports and waters to its supply network.
The new LNG distribution license obtained on the February 17, 2021 will allow Gasum to deliver to maritime customers in France and to offer LNG, a cleaner shipping fuel, to a larger number of customers. In addition, the license will improve the geographic availability of LNG to more areas and ports.
LNG is the cleanest marine fuel available and is rapidly becoming more common as a cost-effective alternative. Compared with heavy fuel oil, LNG has significantly lower CO2 emissions, and almost non-existent particle emissions. Switching to LNG is one of the concrete actions that will take us towards cleaner maritime transport and a low-carbon society going forward.
The energy company Gasum is a Nordic gas sector and energy market expert. Gasum offers cleaner energy and energy market expert services for industry and for combined heat and power production as well as cleaner fuel solutions for road and maritime transport. The company helps its customers to reduce their own carbon footprint as well as that of their customers. Together with its partners, Gasum promotes development towards a carbon-neutral future on land and at sea. The Gasum Group has 380 employees in Finland, Norway, Sweden and Germany. The company’s revenue totaled €1,128 million in 2019. Gasum is owned by the State of Finland.