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    Yle: Ukraine crisis speeding Finnish-Estonian LNG project

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Summary

According to Finland's Environment Minister, a decision will be upcoming soon on a joint Finnish-Estonian proposed LNG terminal project.

by: Sruthi

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Press Notes

Yle: Ukraine crisis speeding Finnish-Estonian LNG project

According to Finland's Environment Minister Ville Niinistö, a decision will be upcoming soon on a joint Finnish-Estonian proposed liquid natural gas (LNG) terminal project. One key purpose of the venture is to reduce dependence on gas imports from Russia.

The plan under consideration is for the construction of new liquefied natural gas (LNG) terminals on either side of the Gulf of Finland, along with a pipeline to connect the two terminals.

Companies involved in the venture have agreed to finish an analysis of its economic feasibility by the end of this month.

Speaking in Helsinki at the opening of the EU election campaign for Green League candidates, Niinistö said that the growing discussion of energy self-sufficiency has shown the EU Commission the importance of the decision.
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