Scandinavian Biogas has signed a multi-year agreement worth approximately SEK 300 million (€27.6m) for the supply of liquid biogas to the transport sector in the Nordic region.
The company said it "became clear" that it will "play an important role in the expansion of fossil-free liquefied biogas (Bio-LNG) for the transport sector in Sweden and the Nordic region.
The agreement runs over several years and deliveries of liquefied biogas will begin shipping in 2023. The large volumes of liquefied biogas will contribute to a sustainable circularity for the transport sector.
Liquid biogas comes from organic waste that is converted into biofertiliser and biogas, then the biogas is upgraded and liquefied. The deliveries are intended from Scandinavian Biogas' production facilities in Sweden.
"It is of course gratifying for us to be trusted to be on this journey and to be able to contribute to the expansion of biogas in the Nordics," said Sohrab Moshiri, group head of sales at Scandinavian Biogas.
"Our biogas is a 100% renewable Swedish product. It is a step towards making Sweden less dependent on fossil natural gas," said Matti Vikkula, CEO of Scandinavian Biogas.
Scandinavian Biogas signs €27.6m supply deal for Nordic region
