EMEA News
Finland LNG Terminal Could Supply Ships
A new liquefied natural gas (LNG) import terminal in Finland may eventually be used to supply LNG to ships, according to Wärtsilä Corp. (Wärtsilä), which has signed a turnkey contract to supply the terminal.
The contract between Wärtsilä and Finnish joint venture Manga LNG Oy is worth about €100 million ($137 million) and is conditional on investments and contracts with third parties including gas suppliers.
The terminal, in Tornio in northern Finland, will be used mostly to supply the Outokumpu Tornio steel mill, but will also provide gas for other customers and may eventually supply ships such as a new icebreaker planned for the Tornio and Bay of Bothnia region.
"The terminal will enable this clean and competitively priced fuel to be available for industrial consumers in the Bay of Bothnia region, and will further enhance the growing acceptance of LNG as a marine fuel," says Vesa Riihimäki, president of Wärtsilä Power Plants.
Gasum Oy (Gasum), one of the companies in the joint venture, has said it expects the terminal to be operational in 2017.
Gasum has also announced plans for LNG bunkering sites on the Baltic Sea, saying that it wants to be a leader in a sector that it expects to grow quickly.
