Gasum has announced that it is now 100% in Finnish ownership, after the State of Finland acquired OAO Gazprom’s 25% shareholding in the business.
Prior to this arrangement, the State-owned Gasonia Oy held 75% of Gasum’s shares.
Gasum is actively building a gas ecosystem based on natural gas, Finnish biogas and LNG in Finland and the Nordic countries. With biogas and LNG, resource-wise and competitive gas solutions are also accessible outside the gas pipeline network.
Gasum CEO, Johanna Lamminen, said: “It is great that the State of Finland demonstrates its strong commitment to the development of the Finnish gas market with this transaction. The range and availability of competitive and sustainable gas solutions throughout the Nordic countries is diversified further by biogas and LNG. As low-carbon energy forms, gas solutions play a key role on the journey toward a carbon-neutral society.”
Edited from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/regasification/22122015/gasum-under-finnish-ownership-1799/