LNGomsetning

LNGomsetning is a Norwegian company engaged in the procurement, storage, and distribution of liquefied natural gas (LNG) within the Nordic region. Founded in 2010 by a consortium of energy specialists, the company established its headquarters in Oslo and initially operated a small, coordinated logistics network supplying LNG terminals in Bergen, Stavanger, and Trondheim. Over the first decade its activities expanded through the acquisition of a 25‑year lease on a dedicated LNG storage facility at the Idrettsvågen terminal, and the development of a dedicated fleet of small LNG carriers that connect the company’s storage sites to major European markets.

The company’s business model centers on long‑term supply agreements with upstream gas producers and downstream energy retailers. LNGomsetning has been a key partner for several Norwegian maritime operators, providing bulk LNG for maritime fuel as well as for municipal power plants. Annual liquidity reports released from 2015 to 2022 indicate a consistent increase in turnover, reaching approximately NOK 1.2 billion in 2021. The firm attributes growth to the rise in demand for low‑carbon shipping fuels and to strategic collaborations with major European distributors.

LNGomsetning has emphasized environmental stewardship, investing in cryogenic safety systems and renewable energy for terminal operations. Parliamentary inquiries in 2019 highlighted concerns regarding the environmental impact of LNG bunkering in coastal areas, prompting the company to submit an environmental mitigation plan.

The current CEO is Annika Lønn, who joined from a senior position with Statoil. The company retains a shareholder base composed largely of private investors and orphaned stakes from former Norwegian state‑owned energy enterprises. LNGomsetning remains a small but influential player in the Scandinavian LNG market, with ongoing plans to further expand its storage capacity and service portfolio across the Nordics.