Aga Ab News

The Finnish government granted 65.2 million euros (84.22 million US dollar) in subsidies to build three small liquefied natural gas (LNG) terminals to cut on use of fuel oil and liquefied petroleum gas (LPG) in industry, the economy ministry said on Thursday. Finland is building a network of LNG terminals along its coastline, expecting that LNG will be increasingly used as a shipping fuel in the Baltic Sea. "With the help of this support, Manga LNG Oy, Skangass Oy, and Oy Aga Ab will build LNG terminals in Tornio, Pori and Rauma respectively," the ministry said in a statement. Manga LNG is a joint venture, which includes Finnish stainless steel maker Outokumpu Oyj.

Ports of Stockholm claims first in the world to provide infrastructure for liquefied natural gas (LNG) fuel for large passenger ferries. A successful collaboration involving AGA, Viking Line, Ports of Stockholm and the appropriate government agencies has made an infrastructure for bunkering possible. "Our new passenger ferry, M/S Viking Grace, represents an environmental milestone, and the ability to provide LNG bunkering opportunities is a very important piece of the jigsaw in our environmental work. That is why we are very pleased that the solution for LNG bunkering is now in place," explains Viking Line's Technical Director, Tony Öhman.