Molgas has completed the acquisition of the LNG business of Prima LNG (a subsidiary of SHV) within Ireland. The acquisition further strengthens Molgas’ position as Ireland’s leading independent LNG and bio-LNG supplier and reinforces its long-term commitment to providing secure, reliable, and lower-carbon energy solutions to industrial and commercial customers across Ireland.
As part of the transaction, Molgas will assume responsibility for supplying LNG to Prima’s existing LNG customer portfolio across Ireland. Looking ahead, Molgas will also work closely with customers to support their decarbonisation strategies through the future introduction of renewable bio-LNG, offering a practical pathway towards significantly reducing greenhouse gas emissions while maintaining operational performance.
Among the sites transferring to Molgas is the Mondelez International manufacturing facility at Shinnagh, Rathmore, Co. Kerry, one of Ireland’s leading food manufacturing sites.
Christopher McConnell, Commercial Director, Molgas UK & Ireland, commented: “We are delighted to have successfully concluded this acquisition and to welcome Prima’s Irish LNG customers into the Molgas family. I would like to thank the team at Prima LNG for their professionalism, collaboration, and hard work throughout the transaction, which has ensured a smooth and seamless transition for customers.
Molgas has built an excellent reputation throughout Ireland for the quality of our service, technical expertise and reliability of supply. We look forward to building strong, long-term relationships with our new customers, delivering the high standards of service they expect today while supporting their transition towards renewable bio-LNG in the years ahead.”
A spokesperson for Mondelez International added: “We are pleased to be working with Molgas Ireland as our LNG supplier. Their strong reputation for reliability, technical expertise, and customer service gives us confidence in the future of our energy supply. We also look forward to working together as we continue our journey towards decarbonisation and explore the opportunities that renewable bio-LNG can offer.”
The acquisition represents another important milestone in Molgas’ continued investment in the Irish energy market, where the company has established itself as a trusted supplier of LNG to a broad range of industrial sectors.
Backed by the wider Molgas Group’s extensive European experience, the company remains committed to helping Irish industry improve energy resilience while supporting the transition to a lower-carbon future and away from high polluting fuels such as oil and LPG.
