Neste Jacobs investigates the potential of LNG with Port of Turku

Neste Jacobs investigates the potential of LNG with Port of Turku

ID: 466347

(Thomson Reuters ONE) -


Neste Jacobs
Press release
26 April 2016 at 09.00 am. (EET)

Neste Jacobs investigates the potential of LNG with Port of Turku

Technology, engineering and project management Company Neste Jacobs and Port of
Turku have signed a contract for Neste Jacobs to investigate the potential and
possibilities of LNG in Turku region together with the Port of Turku. The LNG
terminal is planned to be located in Pansio harbour area in Turku. It would
enable availability of low emission and environmental friendly LNG in the Turku
area. The terminal would serve both maritime traffic, and public transport and
the local industry needs.

Neste Jacobs has long experience and in-depth understanding of LNG technologies
and handling of natural gas. Additionally, Neste Jacobs' Turku office has
extensive know-how of the local process industry sector and LNG possibilities in
the area. The project reviews also the demand potential of LNG in the Turku
area, and in maritime traffic, and other factors supporting the project
implementation.

"This project is a recognition of Neste Jacobs' local knowledge and continuous
long-term co-operation with Port of Turku", says Jarmo Suominen, CEO of Neste
Jacobs. "Our strategy is to be the leading engineering company in the gas
sector, including LNG."

"Port of Turku considers this project to be highly important as LNG is a future
trend and we want to contribute to its development in the Turku area. We have
already great experience of using LNG in Turku region, as it has been used on
Viking Grace passenger ferry. The use of LNG as a maritime or industrial fuel,
outside the natural gas distribution network in Finland, requires guaranteed
availability and distribution of LNG to a competitive price. Port of Turku wants
to actively support the use of LNG together with Neste Jacobs and other




companies in this field", says Christian Ramberg, CEO, Port of Turku.

Neste Jacobs Oy has been involved in building the natural gas infrastructure in
Finland from the very beginning. In addition to that Neste Jacobs has several
ongoing LNG projects in Finland and abroad.

For more information, please contact:
Jarmo Suominen, CEO, Neste Jacobs Oy, tel. +358 50 458 3399
Christian Ramberg, CEO, Port of Turku, tel. +358 2 2674 112

Neste Jacobs is a preferred solution provider of high-quality technology,
engineering and project services for a wide range of industries in the fields of
oil and gas, petrochemicals, chemicals, biorefining, biochemicals, biopharma and
industrial infrastructure. We have 60 years of experience in technology
development and industrial investment projects as well as maintenance and
performance improvement in Europe, North and South America, Asia and the Middle
East. In addition to our home market Nordic countries we are looking to grow in
the global expanding markets. We employ 1300 professionals globally.
www.nestejacobs.com


Port of Turku  is an efficient and modern port focusing on operations that serve
passenger transport and cargo of processed products. Port of Turku's
competitiveness is based on its location in the centre of the most significant
traffic and cargo transport on the Baltic Sea. Due to its location Port of Turku
is also part of the TEN T core network that connects the most significant
transport networks in Europe. In TEN-T network Port of Turku is part of the
Corridor that is the most central meeting point of Northern Europe and Southern
Europe transport traffic. www.portofturku.fi




This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Neste Oyj via GlobeNewswire
[HUG#2006405]




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Datum: 26.04.2016 - 08:00 Uhr
Sprache: Deutsch
News-ID 466347
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