Gasum to Supply LNG-LBG Fuel Blend to Preem’s Tankers
- Business & Finance
Finnish gas company Gasum has entered into an agreement with Sweden’s largest fuel company Preem to supply the latter’s tankers with a new fuel blend consisting of liquefied natural gas (LNG) and 10 percent of renewable liquefied biogas (LBG).
Preem’s vessels supplied with Gasum’s blend of renewable maritime fuel are the time-chartered tankers Tern Ocean and Thun Evolve.
“Maritime transport is an important part of Preem’s operations. We are very pleased to be able to introduce renewable liquefied biogas into our fuel mix. This opportunity supports our high-end sustainability requirements,” Anna Karin Klinthäll, Manager Trading Operations at Preem, commented.
As informed, this is the first agreement that involves Gasum delivering a blend containing renewable fuel to a maritime client on a regular basis. It is expected to contribute to lowering greenhouse gas emissions even further.
Using LNG as maritime fuel reduces emissions significantly compared to conventional fuel, such as heavy fuel oil. It improves local air quality and reduces greenhouse gas (GHG) emissions by up to 20 percent when compared to conventional fuel.
By using 100 percent LBG, the emissions of greenhouse gas will be reduced even further. LBG reduces greenhouse gas emissions by up to 85 percent when compared to fossil fuels.
“Gasum is committed to working for a carbon-neutral future and helping our customers to reduce their own carbon footprint by providing cleaner energy. We are happy to support Preem towards greener shipping and particularly their vision of leading the transition towards a sustainable society,” Jacob Granqvist, Sales Director Maritime in Gasum, said.