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26.04.2016 08:00:05

Neste Jacobs investigates the potential of LNG with Port of Turku

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 Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Neste Oyj via Globenewswire

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