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SAFETY4SEA

New LNG terminal to be built at the Port of Hamina

by The Editorial Team
May 17, 2018
in Fuels, Ports
lng terminal at port of hamina

Credit: Wartsila

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Wärtsilä was granted all the necessary building permits and is ready to start the construction of the LNG terminal at the Finnish Port of Hamina. The company will build the terminal under a turnkey contract which reached a financial close.

The total investment in the project will be approximately 100 million euros. Wärtsilä supply the engineering, procurement, and construction of the terminal. The main shareholders are Hamina Energy Ltd and Estonian energy company Alexela.

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The building permit for the LNG terminal has also been secured; at first, a 30,000 m3 LNG storage tank will be built. Facilities are also being prepared for a second 20,000 m3 storage tank to be added later.

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The earthwork has been completed, and the construction work has already started. The LNG terminal is expected to start operations in 2020.

Markku Tommiska, CEO, Hamina Energy Ltd, noted:

The new Hamina LNG terminal will be an important addition to the gas infrastructure as it will not only supply businesses and the shipping sector, but will also feed into Hamina Energy’s distribution gas grid and can be connected to Finland’s gas grid.

New LNG terminal to be built at the Port of HaminaNew LNG terminal to be built at the Port of Hamina
New LNG terminal to be built at the Port of HaminaNew LNG terminal to be built at the Port of Hamina
Tags: FinlandLNG infrastructureWartsila
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