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New LNG-player to create a Northern European infrastructure

This year, a new joint venture between the two German players Marquand & Bahls’ subsidiary Bomin and The Linde Group will take effect. The purpose of the co-operation is to build new infrastructure systems to transport LNG in Europe.

Photo: Hyundai Merchant Marine

Two German companies, Marquand & Bahls, in the form of its subsidiary Bomin, and The Linde Group, have decided to bet heavily on LNG-infrastructure in Europe. This year, the companies therefore entered a joint venture with that exact purpose. The joint venture is 50/50 and will start work in 2012 in Hamburg, the to-be headquarters of the new company.

“With the new joint venture company we want to offer LNG to ship owners as an alternative energy source with a lower environmental impact than traditional bunker fuels. The know-how combination of Bomin and Linde will enable us to offer attractive solutions in this emerging market”, says Dr. Claus-Georg Nette, Member of the Executive Board of Marquard & Bahls AG.

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