Havila Kystruten AS - Optimizes LNG Procurement - Secures Cost Savings and Supply Flexibility
Norway, Aug. 12 -- Havila Kystruten AS has, in accordance with provisions in its LNG procurement agreement, renegotiated certain terms, enabling the company to source approximately one-third of its LNG volume directly from an alternative supplier in Northern Norway through 2030. This supplier sources LNG from the production facility at Melkoya, near Hammerfest.The revised agreement introduces a dual-supplier model and links part of the LNG pricing to gasoil, resulting in a more diversified fuel price indexation - with two-thirds linked to TTF and one-third to gasoil. This structure is expected to reduce exposure to fuel price volatility and enhance cost predictability.Combined with planned improvements to bunkering logistics in Northern Nor...
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