Gasum

Gasum
Limited company (Oy)
Industry Oil and gas
Founded 1994 (1994)
Headquarters Espoo, Finland
Area served
 Finland
Key people
 Johanna Lamminen (CEO) and (Chairman of the Board)
Products Natural gas (including LNG
Biogas
Services Natural gas transmission
Revenue €915 million (2016)
€126 million (2016)
Owner Gasonia Oy (state-owned holding company, 73.5%)
Finnish Government (26.5%)
Number of employees
 310 (2016)[1]
Subsidiaries Gasum Tekniikka Oy
Kaasupörssi Oy
Skangas (51%)
Swedish Biogas International
Website www.gasum.com

Gasum Oy is an integrated gas company located in Espoo, Finland. It is the transmission system operator of the natural gas grid of Finland, and also the natural gas importer and seller. Gasum refines biogas in Finland and Sweden, and imports, transfers and delivers it for energy consumption, industry and transport. Gasum owns 12 biogas refineries in Finland and Sweden, and is the largest processor of biodegradable waste in the Nordic countries. Gasum’s subsidiary Skangas is the largest liquefied natural gas (LNG) operator in the Nordic countries.

Ownership

Gasum is owned 100 percent by the Finnish state, after Gazprom sold its 25 percent share of the company in the beginning of 2016. Gasum owns 51 percent of Skangas’ transmission grid business. Gasum employs approximately 310 persons. The head office is in Espoo, Finland. Other offices in Finland are in Helsinki, Hyvinkää, Imatra, Kotka, Kouvola, Lohja, Mäntsälä and Tampere. Gasum’s CEO is Johanna Lamminen. Lamminen began in the position in May 2014. The head of Gasum’s board of directors is Juha Rantanen.

Infrastructure and stations

There are over 20 gas stations in Finland from which compressed natural gas (CNG) can be fueled. Some of these also offer LNG for heavy transport. Gasum has promised to build 35 new CNG stations in the next ten years. Building CNG Stations outside the current infrastructure is also possible. This involves producing gas in a local biogas refinery and delivering it as LNG.

Acquisitions

Gasum acquired 51 percent of Skangas’ LNG distribution from Lyse. The deal is part of Gasum’s larger strategy, with the aim of improving LNG’s availability in Finland. Skangas started their LNG business in 2011.

Gasum expanded into the Swedish market in 2016 by acquiring Swedish Biogas International. After the deal Gasum became the largest biogas producer in the Nordic countries.

Business

Gasum is involved in natural gas, biogas, LNG and technical services. Gasum’s LNG services operate under the brand Skangas.

Natural gas is used in heating, fuel and as an ingredient in industry.

LNG is used in combustion engines. Gasum has developed its LNG business from the year 1996. LNG can be used in marine and heavy transport.

Biogas can be used in heat and energy generation and when refined, as fuel. Gasum develops biogas for fuel consumption together with several actors. The collaboration’s goal is to produce local biogas that can be transferred through the gas grid owned by Gasum for use as fuel.

Memberships

Gasum is involved in several international organizations, such as Eurogas, the European Network of Transmission System Operators for Gas (ENTSOG), Gas Infrastructure Europe (GIE), the International Gas Union (IGU), the European Gas Research Group (GERG) and the European Pipeline Research Group (EPRG).

See also

References

  1. ↑ "Gasum's year 2016" (PDF). Gasum. 2017-06-06.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.