Gasco Energy Ltd, the operator of a liquefied petroleum gas (LPG) facility in Malta, has filled more than 8.5 million green cylinders owned and distributed by Liquigas over the last 10 years of operations.
Gasco Energy started operating its €25 million facility in Bengħajsa in 2012, with it including a marine importation terminal and a storage capacity of 4,800 metric tons of LPG, guaranteeing security of supply of cylinders and bulk to the domestic, commercial, and industrial markets. The company has two automatic cylinder filling plans that are capable of filling 2,000 cylinders per hour, ensuring “uninterrupted supply of cylinders”, even during peak winter months. Each plant is equipped with equipment to test each cylinder after filling to allow for their safe use by consumers, in full observance of the highest European and international standards.
In recent weeks, Gasco Energy has recertified its primary storage tanks in line with international standards with an investment in excess of €600,000. These works were completed without any disruption to gas supply and will ensure the high-level safety of the tanks for the next decade of service.
Similarly, Liquigas, which is now a “household name” of LPG gas cylinders, synonymous with the green gas cylinders, has in parallel to Gasco Energy’s efforts invested in an efficient cylinder distribution network that meets with the demands of the modern consumer. These include the ability to order online, have a direct delivery system, and also fixed points of sale with extended opening hours.
Gas cylinders are seen as a safe and cost-effective solution to heating, with these remaining popular among Maltese families for use with stoves and ovens, water heaters, and also industrial requirements. The use of gas is considered, even by the European Commission, as the cleanest form of fossil fuel, earning the label of transitional fuel in the continent’s drive towards a carbon neutral economy.
Gasco Energy CEO Paul Agius Delicata remarked that “unfortunate geopolitical developments” across Europe have “reaffirmed the importance of a steady and secure source of energy supply”.
“Gasco Energy’s investment over the past 10 years puts households and businesses’ minds at rest that the country can fulfil their energy needs, in a safe and secure manner. In parallel, Liquigas’ upholding of the highest standards in the market ensures that consumers are able to access a safe and cost-effective solution to their energy needs,” he said.
Gasco Energy is a 50-50 joint venture between Multigas Limited and Liquigas SPA, with the latter forming part of SHV Energy (NL), a global leader in the LPG sector, present in over 20 countries.