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Olga Väisänen

Vice President Communications
p. +358 40 554 0578
olga.vaisanen@gasum.com
Twitter: @OlgaVaisanen

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Anna-Sofia Malmi

Communications Manager
p. +358 50 469 0114
anna-sofia.malmi@gasum.com
Twitter: @annasofiamalmi

Media releases and news

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Gasum in brief

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 around 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.

13.01.2021

Organic fertilizers and biogas from biowaste in the Helsinki region – commercial use of the Lohja biogas plant started up

Gasum’s biogas plant on the site of Munkkaa waste center in Lohja will turn biowaste from the Helsinki region into renewable biogas for transport and industry as well as organic fertilizers for agriculture. The plant will process around 60,000 tonnes of biodegradable feedstocks into 40 GWh of biogas and 50,000 tonnes of organic fertilizers a year. The biogas will be injected from the plant straight into the gas network. The plant entered commercial service to plan in January 2021.

Gasum strives actively to increase biogas production capacity by building new biogas plants and also by increasing biogas procurement from partners. The Lohja biogas plant uses biodegradable waste from the Helsinki region as feedstock, which means that the recycled nutrients created in production at the biogas plant meet the criteria for organic fertilizers.

”It’s pleasing that our Lohja biogas plant was completed to plan. Our plant promotes the realization of the circular economy in the Helsinki region. Demand for biogas is growing in all segments and we are constantly pursuing new opportunities to increase production capacity. Demand for recycled nutrients and organic fertilizers is showing development in various industrial sectors. We constantly need more biodegradable waste for our production and hope that operators in the Helsinki region will join us in promoting the circular economy by becoming part of the chain,” says Johan Grön, Vice President, Biogas, Gasum.

The plant will process around 60,000 tonnes of biomass a year to produce 40 GWh of renewable biogas, equivalent to the annual fuel consumption of 100 heavy-duty vehicles or 4,000 cars a year. The plant will also produce around 50,000 tonnes of organic fertilizers for agriculture.

“We welcome Gasum to our waste center in Munkkaa, Lohja. Smooth cooperation in biowaste processing will now continue with cooperation in use of the site. We at waste management company Rosk’n Roll seek to create circular economy centers where it is easy for operators to locate and invest in plants that promote material and nutrient recycling. Gasum’s plant is an excellent example of this,” says Vesa Heikkonen, CEO, Rosk’n Roll Oy Ab.

The Lohja biogas plant has been granted support of EUR 7.83 million by the Ministry of Economic Affairs and Employment under the Bioeconomy and clean solutions key project. The objective of the key project is to increase in a sustainable way the share of renewable energy of the energy used in Finland by, in particular, improving its availability.

Biogas is a fully renewable energy source that can be produced from many types of biodegradable waste. Use of biogas as a fuel can help to reduce carbon dioxide emissions by up to 90% compared to fossil diesel. Gasum now has 16 biogas plants in Finland and Sweden, making the company one of the largest producers of biogas in the Nordics. Gasum will make 4 TWh of biogas available in the Nordics by 2024 through its own production and partners.

For further information, please contact :
Johan Grön, Vice President, Biogas, Gasum

Phone +358 40 546 4186, johan.grön@gasum.com

Ari Suomilammi, Director, Biogas, Circular Economy Finland, Gasum
Phone +358 40 065 3351,
ari.suomilammi@gasum.fi

Vesa Heikkonen, CEO, Rosk’n Roll Oy Ab
Phone. 040 834 5016, vesa.heikkonen@rosknroll.fi

Photos  of Gasum's biogas plants >

 

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. 

Rosk’n Roll in brief: Rosk’n Roll Oy Ab is a waste management company owned by 12 municipalities and is daily responsible for managing the waste of 230,000 Uusimaa inhabitants modernly and on environmental terms. 

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12.01.2021

Maritime market update: Global natural gas liquefaction capacity is expected to nearly double by 2040

Risavika LNG front month reached 30.12 EUR/MWh. European gas prices continued a strong upside on colder outlook for the front month, lower Russian supplies through Ukraine and fewer LNG arrival to Europe. Strong consumer demand in Asia, a severe shortage of prompt LNG supplies and spot tanker availability have combined to send northeast Asian spot LNG prices to an all-time high.

Oil products has gained 5 -11 % during last week on OPEC+ oil cuts continuation and Saudi Arabia’s commitment to cut 1 million BBL/D from February 2021. The highest gain was for fuel oil 3.5, it closed at 318.57 USD/t for front month contracts gaining 11.2% week-on-week. Low sulfur oil (MFO 0.5) has increased by 7.7 % and closed at 400.3 USD/t, and MGO 0.1 has increased by 5.8 % week on week and closed at 440.53 USD/t.

Rystad Energy reported that despite the lockdowns, global LNG imports grew 3% to 363 million tons (mt) in 2020, mainly driven by Asian demand which grew 4 % year-on-year. Liquefaction capacity grew 5% in 2020, reaching 464 million tons per annum (tpa), as new plants started operations mainly in the US. Furthermore, Rystad Energy forecasts that the world’s LNG production is expected to reach 672 mt in 2040, a 79% growth from 2020 numbers, while global liquefaction capacity is expected to nearly double by 2040, reaching a total of 886 million tpa, a 91% increase from 2020. This will allow to have higher availability of LNG for bunkering in future.

 

Front Month Price index

LNG Risavika*

LBG blend

Risavika**

FO 3.5 FOB Rdam

MFO 0.5 FOB Rdam

MGO 0.1 FOB ARA

ULSD FOB ARA

Unit

30.12

33.12

22.84

27.48

30.25

32.05

EUR/MWh

510.25

561.07

318.57

400.30

440.53

447.03

USD/t

LNG Risavika - LNG FOB Risavika 

LBG Risavika 10 % - 10 % blend of Liquified Biogas

FO 3.5 FOB Rdam – European 3.5% Fuel Oil Barges FOB Rdam (Platts) Futures Quotes

MFO 0.5 FOB Rdam - European FOB Rdam Marine Fuel 0.5% Barges (Platts) Futures Quotes

MGO 0.1 FOB ARA - Gasoil 0.1% Barges FOB ARA (Platts) Futures Quotes

ULSD FOB ARA - European Diesel 10 ppm Barges FOB ARA (Platts) Futures Quotes

 

Source: CME Group, Gasum, Argus Media, Rystad Energy

*An estimate for LNG FOB Risavika 

** An estimate for 10 % LBG blend FOB Risavika

 

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12.01.2021

Six logistics companies tested LBG-fueled trucks in Sweden with great results

Low-emission fuels are becoming increasingly popular in the Nordic transport sector. Six Swedish logistic companies that are part of MaserFrakt recently tested trucks that used liquefied biogas (LBG) as fuel. The companies’ expectations of significantly lower emissions and a better operating environment were exceeded.

The transition to cleaner energy is accelerating in Sweden as the government is actively trying to reach national and EU emission goals. In the transport sector, the EU regulation on CO2 emission performance standards states that average CO2 emissions of new heavy-duty vehicles (HDVs) must be 15% lower in 2025 than in 2019. In addition, in 2030, emissions must be at least 30% lower. Sweden has set higher goals than the EU and aims to lower the CO2 emissions of new HDVs by 70% before 2030. These ambitious goals have made logistics companies look to renewable, low-emission fuel solutions, such as LBG.

Six logistics companies in Sweden tested LBG trucks as a way to reduce their emissions. These logistic companies are part of MaserFrakt, the biggest transportation company in Sweden. According to MaserFrakt, the companies that tested LBG were happy with its climate impact and the drivers appreciated the quiet engines of the LBG trucks.

“According to the drivers, there was little difference between driving a diesel truck and an LBG truck, which is very positive. The quieter engine sound is great as well because it means a better working environment for our drivers,” says Frida Jahncke, fuel manager, MaserFrakt.

The companies also noted that as LBG is a cost-effective fuel, its impact on overall costs can easily be enhanced by a sensible way of driving and the commitment of drivers to the change. One of Maserfrakt’s drivers testing an LBG truck was able to lower his average fuel consumption from 2.7 kg per 10 km to 2.59 kg. With a gas price of SEK 13.54/kg (excluding VAT), this means a cost of SEK 35.07 per 10 km, which is remarkably low.

Over the lifecycle of the fuel, renewable LBG can help to cut greenhouse gas emissions by up to 90% compared to fossil fuel. Liquefied natural gas (LNG) can achieve emissions reductions of up to 20%. Since biogas utilizes the same gas infrastructure as natural gas, switching to biogas is both easy and cost effective.

The potential of LBG and LNG in decreasing road transportation emissions has been noted by multiple logistic companies in the Nordics. For example, already more than 1,000 gas-fueled trucks have been approved for subsidies under the Klimatklivet and Drive LBG climate investment programs in Sweden. Liquefied gas is recognized as a low-emission alternative fuel and trucks running on LNG and LBG are considered environmentally friendly trucks under the new incentive program Klimatpremien. These incentive programs are rapidly increasing the number of liquefied gas trucks on the road and boosting market conditions. Gasum aims to support the climate efforts of the Nordic countries by expanding the gas filling station network in Sweden, Finland and Norway.

“We need to work together to reduce the climate impact of road transport and reach the ambitious goals set by the EU and the Swedish government. We’re glad that companies such as MaserFrakt are looking into low-emission fuel solutions and testing them so thoroughly,” adds Mikael Antonsson, Director Traffic, Gasum Sweden.

After the tests, MaserFrakt said that they are looking forward to new investments in the gas sector, so LNG trucks can show their potential in a wider operating environment.


For more information please contact:

Mikael Antonsson, Director Traffic Sweden, Gasum
Tel. +46 72 454 33 82, ​Mikael.antonsson@gasum.com

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. www.gasum.com  

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