Finland's Gasum buys Danish biogas plant
Finland's Gasum has signed an agreement to acquire Haerup Biogas, which owns and operates a biogas plant in the northern part of Denmark.
The plant mainly uses manure to produce around 40 gigawatt-hours (GWh) of biogas which is used for power and heat production at the biogas plant itself and at a local district heating company, Gasum said in a statement.
"Denmark is an attractive location for biogas production because of its strong agricultural sector: manure feedstock availability is good, fertilizer demand is high and transport distances are short," Gasum CEO Mika Wiljanen said.
Gasum plans to invest in a gas upgrading unit and a gas grid connection for the plant to fully utilize the existing production capacity, part of a plan to significantly increase the group's biogas offering, it added.
Related News
Related News
- U.S. ethane exports to China hit new roadblock with license requirement
- Australia clears Woodside to run North West Shelf LNG plant to 2070
- Egypt agrees to buy up to 160 LNG cargoes through 2026
- Shell to add up to 12 MMt of additional LNG capacity by 2030
- Woodfibre LNG sets new benchmark as world’s first net-zero LNG export facility
Comments