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Wärtsilä and Gasum form joint cooperation

Published by , Senior Editor
LNG Industry,

Wärtsilä has announced that it has signed a joint cooperation agreement with Gasum, aimed at developing the use, distribution and service solutions for natural gas in marine and onshore applications.

The development work regarding LNG for marine applications will utilise the expertise of Gasum subsidiary Skangas.

The project will be divided into work streams, covering areas such as LNG and liquefied biogas (LBG), smart power generation, gas as a marine fuel, operations and maintenance, and biogas. The work will focus on increasing sales through business development cooperation, and building an LNG infrastructure in places where gas is currently not available.

Under the joint cooperation, the companies will share know-how, contacts, marketing, and business development activities. They will also work together to develop cost-effective and efficient operation and maintenance activities.

By improving the availability of LNG, the present and future needs of both the shipping sector and industrial clients currently outside the natural gas grids will be served. At the same time, LNG utilisation also allows for the use of LBG without additional investment since the same infrastructure can be used for both.

Wärtsilä President and CEO, Jaakko Eskola, said: "Wärtsilä has taken a leading position in both the energy and shipping markets as a developer of advanced technology solutions that enable the practical and efficient use of natural gas fuel. This agreement with Gasum will help speed the transition to gas fuel and advance environmental sustainability."

Gasum CEO and Chair of the Skangas Board of Directors, Johanna Lamminen, added: "I'm very pleased with the joint co-operation agreement as we're able to improve access to natural gas solutions as efficient and clean energy alternatives in the marine and land markets."

Edited from press release by

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