Gasum rebrands and consolidates its position as leading Nordic LNG provider
Finland-headed gas major Gasum Oy has renamed its liquefied natural gas (LNG) subsidiary Skangas to Gasum in a bid to strengthen the Gasum brand in the Nordic countries and the position of Gasum as the leading provider of LNG in the region. Gasum now operates under one strong brand in the Nordic countries.
In October 2018, Gasum increased its shareholding in Skangas from 70 percent to 100 percent and the acquisition is part of the Gasum strategy, a core element of which is to develop the Nordic gas market and LNG infrastructure.
We want to lead the way and take the Nordic countries towards a cleaner tomorrow under one strong brand. Skangas, now being integrated into the Gasum Group, improves our capacity to build and develop the Nordic gas ecosystem and respond to the growing demand. The need for cleaner fuel solutions for industry and transport alike is increasing significantly, and LNG is the most competitive alternative among low-emission fuels. We will continue to provide our customers with as smooth access to services as before, commented Gasum CEO Johanna Lamminen.
There will be no changes to the Business ID codes or contact details. The new companies will be Gasum AS and Gasum LNG Production AS in Norway, Gasum LNG Oy and Gasum LNG AB in Finland and Sweden respectively.