Media releases and news

Gasum is supplying a portable LNG vaporizer to Tampereen Sähkölaitos energy company. It enables the injection of gas into the gas distribution network during the distribution network alteration work required due to the Tampere tramway project from July 24 to 25, 2017.

Tampereen Sähkölaitos wants to ensure disruption-free service to its gas customers during the distribution network alteration work. Thanks to the LNG vaporizer, liquefied natural gas (LNG) will be supplied to a total of around ten gas customers. These include industrial as well as residential properties.

”This is the first time that we’re securing gas supply by vaporizing LNG. We’re also collecting user feedback on the functioning of our backup arrangements as regards supply security and disruptions,” says Paavo Knaapi, Energy Distribution Manager, Tampereen Sähkölaitos.

LNG is an excellent way to take care of supply during a gas network interruption as its storage and transport take place flexibly from the Pori LNG import terminal. LNG offers safety and supply security for gas supply thanks to the efficient gas distribution chain. LNG will be injected into the distribution network between July 24 and 25. LNG is supplied to Tampere by the Gasum subsidiary Skangas, and vaporizer installation work is carried out by staff from Gasum Technical Services.

”From the vaporizer owner’s perspective we’re very happy to be able to cooperate with Tampereen Sähkölaitos by offering the opportunity to ensure the continuity of gas supply during alteration and maintenance work as well. An LNG vaporizer of this size category is an excellent option for support to supply security in all kinds of situations that would otherwise result in disruptions in gas supply,” says Marko Ikävalko, Asset Manager, Gasum.

For more information please contact:

Sami Laakso, Site Manager, Technical Services, Gasum Ltd Phone: +358 40 5399 572, firstname.surname@gasum.com

Paavo Knaapi, Energy Distribution Manager, Tampereen Sähkölaitos Phone: +358 40 6301603, paavo.knaapi@sahkolaitos.fi

Tampereen Sähkölaitos provides a reliable, environmentally friendly and customer-oriented supply of electricity, district heat, district cooling and natural gas to private and corporate customers mainly in the Pirkanmaa region.  www.sahkolaitos.fi

Gasum's position strengthened as the leading LNG provider in the nordic countries and developer of the nordic gas ecosystem

GASUM GROUP INTERIM REPORT FOR JANUARY 1 TO JUNE 30, 2017:

• Revenue €506 million (H1 2016: €445 million)

• Operating profit €66 million (H1 2016: €68 million)

• Sales of Natural Gas business 12.5 TWh (13.2 TWh)

• Sales of LNG business 3.1 TWh (2.7 TWh)

• Sales of Biogas business 287 GWh (114 GWh)

Gasum CEO Johanna Lamminen comments on the period under review:

"During the period under review, Gasum strengthened its position as the leading provider of liquefied natural gas (LNG) in the Nordic countries by increasing its shareholding in Skangas to 70%. Developing the Nordic gas ecosystem is a key element of Gasum’s strategy, and LNG in particular will play an increasingly important role in the Nordic gas market in the future. The significance of LNG in the Baltic Sea and the Nordic countries is increasing rapidly, particularly in maritime transport, heavy-duty road transport and industrial use.

In Gasum's Biogas business, there was a special focus on biogas as a road vehicle fuel. Gasum opened new filling stations and launched a campaign offering Finnish biogas for cars at a fixed monthly price. In June, filling stations were opened in Hämeenlinna and Pori, and during the summer stations will also be opened in Vantaa (Petikko) and Jyväskylä. Finland's National Energy and Climate Strategy sets the target of raising the number of gas vehicles to 50,000 by 2030. Gasum has taken on this challenge and is determined to develop the market actively in order for this target to be reached on schedule.

The government proposal for Finland’s new Natural Gas Market Act was published in May 2017, and the bill proposed was passed by Parliament in June. The new Natural Gas Market Act will enter into force on January 1, 2018 and result in the opening up of the Finnish natural gas wholesale and retail markets to competition in 2020. Gasum regards it as essential to create, together with customers, models for the transition to an open market that will best serve Finnish gas users."

Read Q2 -interim report >

For further information please contact:
Johanna Lamminen, Chief Executive Officer, Gasum
Phone: +358 20 44 78 661 (Henna Walker, Executive Assistant)
forname.surname(a)gasum.com

The energy company Gasum is a Nordic gas sector (natural gas and biogas) expert that is building a bridge to a carbon-neutral society on land and at sea. Gasum contributes to the creation of a sustainable energy economy by increasing the supply of local biogas, developing the Nordic gas ecosystem and ensuring the price competitiveness of gas. Gasum imports natural gas to Finland, upgrades biogas and transmits and delivers these for a broad range of uses in energy production, industry, homes, and land and maritime transport. Gasum is the leading supplier of biogas in the Nordic countries. The Gasum subsidiary Skangas is a Nordic expert in liquefied natural gas (LNG) that will continue to strengthen the position and infrastructure of LNG and the utilization of new gas solutions more extensively in Finland, Sweden and Norway. The Gasum Group has more than 400 employees in Finland, Norway and Sweden. The Gasum Group’s revenue totaled €843 million in 2016.

The Extraordinary General Meeting of Skangas appointed Hans von Uthmann on Wednesday July 5, 2017 as a new member to the Skangas Board.

Hans von Uthmann is a board professional, who has a strong international background from energy sector, oil and gas. He has previously worked as a Senior Executive Vice President and Head of Nordic in Vattenvall AB. Before that he worked as a Managing Director of Duni AB and Managing Director in AB Svenska Shell and earlier at the Board of Fortum.

LNG company Skangas is a leading supplier in the Nordic LNG markets. The company provides customers with LNG for shipping, industrial and heavy-duty land transport needs. Skangas is a subsidiary of the Gasum Ltd (70%) and partly owned by the Norwegian energy company Lyse (30%).

More information please contact:

Johanna Lamminen, Chairman of the Board, Skangas
Phone: +358 20 44 78 661 (Henna Walker, Executive Assistant)

Olga Väisänen, Vice President, Communications, Gasum
Phone: +35840 55 40 578, forname.lastname@gasum.com