New receiving terminal for LNG has been opened in Lysekil, Sweden. From now on natural gas not only is available for the land based industry and the marine market in the area, but is also transported to other land based industries. The estimated cost of the investment amounts to USD 106.7m.

“Using natural gas in the processes will lead to a reduction of the annual emission of carbon dioxide by approximately 130 000 ton. The natural gas will replace naphtha and butane as raw material in the hydrogen production. A large amount of hydrogen is used in the processes among others for removal of sulphur and cracking in the diesel production,” said Petter Holland, Preem CEO.