Wärtsilä, Gasum to Jointly Develop LNG Markets

Finland’s Wärtsilä and its compatriot gas company Gasum signed a joint cooperation agreement aimed at developing the use, distribution, and service solutions for natural gas in marine applications on August 29.

The development work regarding liquefied natural gas (LNG) for marine applications will also involve the work of Gasum’s subsidiary Scandinavian LNG provider Skangas.

The project will be divided into work streams, covering areas such as Smart Power Generation, LNG and liquefied biogas (LBG), gas as a marine fuel, operations & 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, as well as the development of liquefied biogas (LBG) markets.

“This agreement with Gasum will help speed the transition to gas fuel and advance environmental sustainability,” Wärtsilä President and CEO, Jaakko Eskola, said.

Natural gas fuel is increasingly being used for marine engines and in power plant generators, primarily for reasons of environmental compliance as exhaust emissions from gas fuelled engines are notably lower than from diesel and coal-fired prime movers.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >

CrewConnect Global 2019

CrewConnect Global is the leading forum for collaboration to advance new industry approaches to seafarer recruitment and training.

read more >

CruiseConnect Global 2019

Attend CrewConnect Global and stay on for the CruiseConnect Summit to take part in an industry-wide conversation focused…

read more >

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >