EnergyWatch

Fortum signs LoI pursuing Finland's first floating LNG terminal

The Finnish utility has signed a letter of intent regarding development of the first floating LNG terminal in Finland.

Photo: PR FORTUM

Fortum-owned Port of Inkoo will be the host of Finland’s first liquefied natural gas terminal, assuming that the letter of intent the company has just signed with gas transmission system operator Gasgrid Finland manifests, Fortum informs in a statement Thursday.

The facility, a floating storage and regasification unit (FSRU), is named Exemplar and contains total volume of roughly 151,000 m3, equating to around 68,000 tonnes of LNG.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Danish government to ban routine flaring by next summer

By next summer, flaring of excess gas will no longer be permitted in the Danish part of the North Sea unless strictly necessary for the safety of employees. The government’s ban on routine flaring comes in the wake of EnergyWatch’s coverage of the issue.

IEA: Nuclear power set for potential comeback

As the world looks for ways to address the ongoing energy crisis, nuclear power has the potential to play a significant role, notes the International Energy Agency in a just-released report.

Further reading

Related articles

Latest News

See all jobs