Sweden Shows Interest in LNG

Swedegas, operator of the national gas grid in Sweden, reports a new interest in liquefied natural gas (LNG) in shipping and Swedish industry. 

New, stricter environmental stipulations for maritime fuel in Swedish waters from 2015, coupled with the need in industry to switch from oil, are the main reasons given for changing to LNG.

The company released the results of the survey on its website. These, it said, provide important facts in the lead-up to the establishment of an LNG terminal at the port of Gothenburg.

The survey on which the report is based included 20 major shipping, industrial and gas trading companies.

“The response was highly encouraging. The replies clearly show that LNG is a fuel of the future and that companies are prepared to invest in line with the introduction of LNG onto the Swedish market,” says Lars Gustafsson, president of Swedegas.

Swedegas and the Dutch company Vopak are planning a major investment in an LNG terminal at Gothenburg, the largest port in the Nordic region. The Port of Gothenburg is supporting the project.

“There is potential in Swedish industry to replace over 10 terawatt hours (TWh) of oil with natural gas. With an LNG terminal in Gothenburg, we could satisfy around half of the entire needs of industry. There are substantial environmental benefits in the form of almost complete elimination of sulphur emissions from shipping and a 25% reduction in carbon dioxide emissions by industry,” says Gustafsson.

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