Skangass Secures Energy Supply with LNG from ENI

Source Press Release
Company Skangass ASENI S.p.A. 
Tags Oil & Gas Trading, LNG & Gas Storage/Processing
Date November 26, 2014

Skangass signed a two year agreement with Eni for supply of liquefied natural gas (LNG). This further strengthens the small scale LNG availability in the Nordic markets. The LNG will be delivered from the Fluxys LNG terminal in Zeebrugge and transported to Skangass’ newly opened receiving terminal in Lysekil, Sweden. The agreement for 4.6 TWh falls into one of the largest small scale agreements for LNG. “This agreement is a natural extension to our current LNG supplies from Risavika”, says Tor Morten Osmundsen, CEO of Skangass. “By this agreement we will be able to support current and new customers with even a more secure and flexible supply. An increasing number of energy intensive industries and shipping are converting to natural gas”. The LNG will be transported by Coral Energy to Skangass receiving terminal in Lysekil, Sweden. This agreement supports EU programs for clean industry and transportation sector. Users of LNG and natural gas are achieving significant reduction of CO2 emissions as well sulphur, NOx and particles reductions. Skangass is taking strategic steps to develop the LNG infrastructure in the Nordic markets. Last month the new receiving terminal in Lysekil was opened, and another receiving terminal is under construction in Pori, Finland. The company is also participating in plans for an LNG terminal in Tornio, Finland.

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