Liquiline LNG acquires LiquiSys and other assets

The newly incorporated company Liquiline LNG AS has acquired technology solutions LiquiSys, the brand name Liquiline and other intellectual property rights formerly belonging to Liquiline AS.

Liquiline LNG and its clients will benefit from the technology and experience platform that has been developed at Liquiline over several years. The company intends to focus increasingly on LNG bunkering solutions. The first mission in this regard is to finalise the construction of the LNG terminal that Fjord Line is developing in Hirtshals, the first of its kind in Denmark.

Liquiline LNG will continue to operate and offer the logistics and terminal system LiquiSys to clients. LiquiSys is a proprietary web-based system that contributes to a better and more efficient planning, monitoring and logging of gas distribution.

Commenting on the acquisition, Knut Førland, Managing Director of Liquiline LNG, said: “With the Fjord Line contract in place it will be full throttle from day one. I am pleased that the key technical and project staff from the former Liquiline is joining us in Liquiline LNG. The skills they represent are essential for executing the terminal project in Hirtshals, and will also be very important for future projects.”

Liquiline LNG will be based in Bergen, Norway.

Adapted from press release by Katie Woodward

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/19112014/liquiline-lng-acquires-new-assets-1819/