Gasum to supply LNG to Norwegian steel manufacturer

The Nordic energy company Gasum has secured an LNG supply contract with Celsa Armeringsstål in Mo i Rana, Norway.

Gasum said in its statement, the contract includes both liquefied natural gas deliveries and a new customer terminal built in Mo Industrial Park.

Celsa Armeringsstål is a manufacturer of reinforced steel in the Nordics. The company manufactures steel from scrap metal thus annually recycling about 700 000 tons of metal.

The company has been investing heavily in sustainability during the past few years. Switching to LNG will contribute to the company’s target of lowering CO2 emissions.

“By 2030 our goal is to lower our CO2 emissions by 50 per cent and in 2050 we aim to be completely CO2 neutral. Our contract with Gasum is a strategic step towards our short-term sustainability goals, without compromising our cost-effectiveness”, says Carles Rovira, CEO at Celsa Armeringsstål.

Celsa Armeringsstål uses annually about 500 GWh of energy. Switching to LNG will reduce CO2 emissions by as much as 35 per cent making it one of the most significant climate acts in Mo i Rana area.

The LNG supplied by Gasum will be used in Celsa Armeringsstål’s steel plant and rolling mill.

The terminal in Mo Industrial Park will be ready for operation on July 1, 2021.

The LNG will be supplied to Mo i Rana by road transport from Gasum’s partly owned terminal in Tornio, Northern Finland.

The Tornio terminal is the largest LNG terminal in the Nordics. It is located on the Swedish border which allows it to serve Gasum’s customers in Finland, Sweden, and now in Norway.