Scandinavian Biogas signs a multi-year agreement worth approximately SEK 300 million for the supply of liquid biogas to the transport sector in the Nordic region
Press Release, 7 November 2022
Recently, it became clear that the biogas producer Scandinavian Biogas will play an important role in the expansion of fossil-free liquefied biogas (Bio-LNG) for the transport sector in Sweden and the Nordic region.
The agreement runs over several years and deliveries of liquefied biogas will begin shipping in 2023. The large volumes of liquefied biogas will contribute to a sustainable circularity for the transport sector.
- It is of course gratifying for us to be trusted to be on this journey and to be able to contribute to the expansion of biogas in the Nordics. says Sohrab Moshiri, Group Head of Sales Scandinavian Biogas.
Liquid biogas comes from organic waste that is converted into biofertilizer and biogas, then the biogas is upgraded and liquefied. The deliveries are intended from Scandinavian Biogas' production facilities in Sweden.
- Our biogas is a 100% renewable Swedish product. It is a step towards making Sweden less dependent on fossil natural gas, says Matti Vikkula, CEO Scandinavian Biogas.
The order is worth approximately 300 million at today's market prices, which is in line with communicated growth plans.