Scandinavian Biogas announces SEK 2.7 billion Bio-LNG delivery agreement with leading German LNG distributor Alternoil
Scandinavian Biogas has entered a long-term agreement with Alternoil for the delivery of Bio-LNG to be included in the climate-neutral fuel REEFUEL distributed on the German transportation market. The agreed volumes are 8,000 tonnes during ramp up in 2024 to be 11,500 tonnes (160 GWh) per year from 2025 to 2030. Corresponding to over 1 TWh energy with a total order value of approximately SEK 2,7 billion. The agreement also includes the optionality to increase volumes up to 2 TWh corresponding to SEK 4.7 billion. The estimate is based on agreed annual volumes, current energy prices and the