Skangass signed a two year agreement with Eni for supply of liquefied natural gas (LNG). This further strengthens the small scale LNG availability in the Nordic markets. The LNG will be delivered from the Fluxys LNG terminal in Zeebrugge and transported to Skangass’ newly opened receiving terminal in Lysekil, Sweden.

The agreement for 4.6 TWh falls into one of the largest small scale agreements for LNG.
“This agreement is a natural extension to our current LNG supplies from Risavika”, says Tor Morten Osmundsen, CEO of Skangass. “By this agreement we will be able to support current and new customers with even a more secure and flexible supply. An increasing number of energy intensive industries and shipping are converting to natural gas”. The LNG will be transported by Coral Energy to Skangass receiving terminal in Lysekil, Sweden.

This agreement supports EU programs for clean industry and transportation sector. Users of LNG and natural gas are achieving significant reduction of CO2 emissions as well sulphur, NOx and particles reductions.

Skangass is taking strategic steps to develop the LNG infrastructure in the Nordic markets. Last month the new receiving terminal in Lysekil was opened, and another receiving terminal is under construction in Pori, Finland. The company is also participating in plans for an LNG terminal in Tornio, Finland.

About ENI

Eni is an integrated company that operates across the entire energy chain, employing some 78,000 people in 90 countries around the world. Scientific research and technological innovation are at the heart of its strategies for sustainable development.

Eni’s excellent portfolio of conventional oil assets with competitive costs and the strong resource base with options for anticipated monetization ensure a robust value generation at Eni’s upstream activity. The vertical integration provided by the large presence in the gas and lng markets, and the know-how in refining and chemical sectors enable the company to capture synergies and catch joint opportunities and projects in the marketplace.

About Skangass

Skangass is the leading player in the Nordic LNG markets. The company provides customers with LNG for shipping, industrial and heavy-duty land transport needs. LNG is a logistical solution that can be supplied to users outside the natural gas network. LNG is the most competitive and cleanest as well as a cost-effective shipping fuel. The company reported a turnover of €145 million in 2013 and has 44 employees. Skangass is a subsidiary of the Finnish natural energy gas expert, Gasum Corporation and is jointly owned by Gasum (51%) and the Norwegian company Lyse Energi (49%).

See the site of terminal for LNG in Lysekil
See the site of Zeebrugge LNG terminal