The energy company Gasum increased its shareholding in the Liquefied Natural Gas (LNG) company Skangas from 70% to 100% in October 2018. The acquisition is part of the Gasum strategy, a core element of which is to develop the Nordic gas market and the LNG infrastructure. Following the integration process, Skangas is renamed Gasum at the latest by 3rd December 2018.

The name change will strengthen the Gasum brand in the Nordic countries and the position of Gasum as the leading provider of liquefied natural gas (LNG) in the region. All Skangas companies will be renamed to Gasum. Please note that the business ID codes or contact details will not be changed:

Old name -> New name:

- Skangas AS -> Gasum AS

- Skangas Ltd -> Gasum LNG Oy

- Skangas AB -> Gasum LNG AB

- Skangas LNG Production AS -> Gasum LNG Production AS

The name change will take place in Norway, Sweden and Finland at the latest by 3rd December 2018 subsequent to each country registry offices’ approval. Our customers, suppliers and other stakeholders will be duly notified of the change.

About Gasum

Gasum subsidary Skangas operates a complete value chain in liquefied natural gas (LNG) to serve the Nordic markets: Skangas offers LNG for use as fuel in shipping and heavy-duty road transport, and in industrial processes outside the gas network.

About Skangas

The LNG Company Skangas is the leading player in the Nordic LNG market. The company supplies LNG for shipping, industrial and heavy-duty road transport needs. We help our customers reach their environmental and operational targets by offering efficient and stable LNG deliveries. Skangas has LNG terminals in Øra, Norway, and Lysekil, Sweden. Finland's first LNG import terminal will be completed in Pori in August 2016.