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Molgas has completed the acquisition of the Irish LNG business of Prima LNG, a subsidiary of SHV, the company announced on 10 October.
The deal sees Molgas take over responsibility for supplying LNG to Prima’s existing customer portfolio across Ireland. Among the sites transferring to Molgas is the Mondelez International manufacturing facility at Shinnagh, Rathmore, Co. Kerry.
Molgas said it will work with the transferred customers to support their decarbonisation strategies through the future introduction of renewable bio-LNG.
Christopher McConnell, commercial director at Molgas UK & Ireland, stated: “We are delighted to have successfully concluded this acquisition and to welcome Prima’s Irish LNG customers into the Molgas family. I would like to thank the team at Prima LNG for their professionalism, collaboration and hard work throughout the transaction, which has ensured a smooth and seamless transition for customers.”
He added: “Molgas has built an excellent reputation throughout Ireland for the quality of our service, technical expertise and reliability of supply. We look forward to building strong, long-term relationships with our new customers, delivering the high standards of service they expect today while supporting their transition towards renewable bio-LNG in the years ahead.”
A spokesperson for Mondelez International commented: “We are pleased to be working with Molgas Ireland as our LNG supplier. Their strong reputation for reliability, technical expertise and customer service gives us confidence in the future of our energy supply. We also look forward to working together as we continue our journey towards decarbonisation and explore the opportunities that renewable bio-LNG can offer.”
Molgas described the acquisition as part of its continued investment in the Irish energy market, where it notes it has established itself as a supplier of LNG to industrial sectors. The company said it remains focused on helping Irish industry improve energy resilience while supporting the transition away from fuels such as oil and LPG.
Headquartered in Madrid, Molgas operates across Europe in downstream LNG and renewable gases, supplying industrial, land and marine transportation customers. The company provides a range of services, including ship-to-ship, truck-to-ship and terminal-to-ship operations.
Molgas also owns Amsterdam-based Titan Clean Fuels, which performs ship-to-ship (STS) deliveries via owned vessels in the Amsterdam-Rotterdam-Antwerp (ARA) region, and truck-to-ship (TTS) operations from various ports in Belgium, France, Germany, Netherlands and the UK.
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