Finnish power and propulsion innovators, Wärtsilä and Finland based Gasum have this week signed a joint cooperation agreement that will see the pairing work together to develop the use, distribution, and service solutions for liquefied natural gas (LNG) in marine and onshore applications.
As part of the partnership deal, Wärtsilä will provide the gas value chain technology know-how, while Gasum will provide expertise in distributing and selling natural gas and biogas. LNG marine fuel development work development work will also utilise the expertise of Gasum subsidiary Skangas, a leading LNG player in the Nordic market.
Partnered work efforts will focus on increasing sales through business development cooperation, and building an LNG infrastructure in places where gas is currently not available. The companies will share know-how, contacts, marketing, and business development activities and will work together to develop cost-effective and efficient operation and maintenance activities.
The collaborative project will be divided into work streams, covering areas including:
- Smart Power Generation;
- LNG and liquefied biogas (LBG);
- gas as a marine fuel; and
- operations & maintenance.
The development of liquefied biogas (LBG) markets is another important objective of the cooperation.
“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,” says Wärtsilä President and CEO, Jaakko Eskola.
“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,” says Gasum CEO and Chair of the Skangas Board of Directors, Johanna Lamminen.
Ship Efficiency Review News
To contact the reporter responsible for this article, please email editor@fathom-mi.com
