Gasum to supply Preem with new liquefied gas blend maritime fuel
Nordic gas sector and energy market expert Gasum Oyj has announced that it has entered into an agreement with Sweden’s largest fuel company Preem AB to supply their tankers with a new fuel blend consisting of liquefied natural gas (LNG) and 10 percent of renewable liquefied biogas (LBG). This is the first agreement that involves Gasum delivering a blend containing renewable fuel to a maritime customer on a regular basis.
Preem’s vessels supplied with Gasum’s blend of renewable maritime fuel are the time-chartered tankers “Tern Ocean” and “Thun Evolve” and will contribute to lowering greenhouse gas (GHG) emissions even further compared to conventional bunker fuels.
Maritime transport is an important part of Preem’s operations. We are very pleased to be able to introduce renewable liquefied biogas into our fuel mix. This opportunity supports our high-end sustainability requirements, said Anna Karin Klinthäll, Manager Trading Operations at Preem.
Using liquefied natural gas (LNG) as maritime fuel reduces emissions significantly compared to conventional fuel, such as heavy fuel oil (HFO). According to Gasum, it improves local air quality and reduces GHG emissions by up to 20 percent when compared to conventional fuel.
LNG is the most environmentally friendly fossil shipping fuel, meeting both current and long-term environmental requirements set by the International Maritime Organization (IMO). By using 100 percent renewable liquefied biogas (LBG), the emissions of GHGs can be reduced even further – up to 85 percent when compared to fossil fuels.
Gasum is committed to working for a carbon-neutral future and helping our customers to reduce their own carbon footprint by providing cleaner energy. We are happy to support Preem towards greener shipping and particularly their vision of leading the transition towards a sustainable society, said Jacob Granqvist, Sales Director Maritime in Gasum.
The company will continue to invest in the LNG and LBG supply chain and work together with maritime partners towards a cleaner future.