The integration consolidates the presence of the Spanish group in the low-emission marine fuels market and strengthens the European refueling network
Madrid – The Molgas Energy group, based in Madrid and backed by the infrastructure fund InfraVia, has completed the full acquisition of the Dutch company Titan Energy Holding, parent company of Titan Clean Fuels. The operation marks a strategic step in Molgas’s expansion in the clean marine fuels sector, after the purchase of 45% of Titan carried out at the end of 2023.
Titan, an established supplier of LNG (Lng) and liquefied biomethane (bio-Lng) for maritime transport and industry, manages a fleet of small-scale bunkering vessels active in Northern Europe and other international markets. Its activities will now be integrated with those of Molgas in Norway, creating a unique ship-to-ship and truck-to-ship refueling network.
With the entry of Titan, Molgas manages seven LNG bunkering vessels, in addition to a European network of more than 70 road stations and over 200 sales points between its own locations and partners. The new group thus positions itself as one of the leading integrated LNG and bio-Lng operators in Europe, serving industrial, transport, and maritime customers.
The acquisition comes in a context of growing demand for low-emission fuels, supported by European regulations on decarbonization and FuelEU Maritime. Both companies consider LNG and bio-Lng scalable solutions for the ecological transition of shipping.
After the operation, the CEO of Titan, Niels den Nijs, will join Molgas as executive vice president for the maritime sector, leading the combined activities in marine fuels.
The CEO of Molgas, Sofoklis Papanikolaou, stated that the merger creates a solid platform to provide LNG and bio-Lng solutions “throughout Europe and beyond”, while den Nijs defined the integration a “natural step” to expand supply capacity and strengthen customer support.
