Finland/Estonia: Hamina LNG to invest in construction of LNG terminal

22.06.2017

Finland/Estonia: Hamina LNG to invest in construction of LNG terminal
ERR Uudised, 22 Jun 2017, online:-
Hamina LNG, the joint venture set up by Estonian Alexela and Finnish Haminan Energia have made a decision to invest EUR 95mn in the construction of a LNG terminal in Hamina Kotka harbour. The project has received a 30% investment support from the Finnish government. The first stage of development will include the construction of a 30,000 cubic meters storage tank with receiving, regasification and transshipment facilities. The construction is scheduled for completion in 2020. An additional 20,000 cu. meter storage tank would be added in order to meet possible growing market demand.
©M-Brain
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