Finland's gas company Gasum has chosen Tahkoluoto, Pori (Finland) as the location of its first LNG import terminal. The 30,000 m3 terminal will improve the availability of LNG in Finland and reduce emissions. The final investment decision has not yet been made. Gasum has applied for investment funds for the LNG terminal from the Ministry of Employment and the Economy. Gasum expects to begin construction of the terminal in 2014. The terminal is expected to be completed in the fall of 2016.
Earlier in March 2014, Finland and Estonia agreed on the construction of two LNG terminals in the Gulf of Finland, interconnected by a gas pipeline, instead of building a single regasification terminal, whose location had been discussed for more than one year.
Gasum has also planned to build an import terminal to Pansio, Turku. A planning appeal regarding the planned import terminal has been made to the Turku Administrative court, delaying the project. Pending a positive decision on the construction permit and favourable market development, Gasum is ready to invest in Turku in the future by building an LNG import terminal and the associated distribution infrastructure. The common objective of the City of Turku and Gasum is to prepare the project-related pre-approval processes so that construction of a maximum 30,000 m3 import terminal could begin in 2016.
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