Finland and Estonia plan to build a floating LNG carrier to dispense with Russian gas

The mobile terminal will take the form of a large specialized vessel called the FSRU (“Floating Storage and Gas-to-Gas Regasification Unit”), allowing LNG that is offloaded by an LNG carrier to be regasified and injected into the network.

The two countries announced, Thursday, that Finland and Estonia intend to charter a terminal ship to import liquefied natural gas as part of their efforts to dispense with Russian gas.

“This will guarantee industrial gas needs in the event of a halt in gas imports from Russia,” Finnish Economy Minister Mika Lentela said on Twitter.

The mobile terminal will take the form of a large specialized vessel called the FSRU (“Floating Storage and Gas-to-Gas Regasification Unit”), allowing LNG that is offloaded by an LNG carrier to be regasified and injected into the network.

Installation is scheduled for next winter.

Put an end to Russian gas

Almost 45% of the gas imported into the EU came from Russia last year, and European countries are currently seeking by all means to reduce their dependence as quickly as possible after Moscow’s invasion of Ukraine.

Estonia and the other two Baltic states – Latvia and Lithuania – announced this weekend that they had halted all imports of Russian gas since April 1.

The stationary gas terminal in the Lithuanian port of Klaipeda, which was opened in 2014, has already made it possible for the three countries, which have long been 100% dependent on Russian gas pipelines, to significantly reduce their dependence on Russia.

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The FSRU may dock alternately in Estonia and Finland. The two networks of neighboring countries have been connected since the beginning of 2020 by the Baltic Gas Pipeline under the Baltic Sea.

Finland imports the majority of its gas from Russia, although this energy accounts for only about 6% of its total energy consumption.

Brooke Vargas

"Devoted gamer. Webaholic. Infuriatingly humble social media trailblazer. Lifelong internet expert."

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