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    Reuters: Finland Drops Plan to Build a Regional LNG Import Terminal

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Summary

Finnish Gasum has announced that it is dropping plans to build a regional LNG terminal and a gas link to Estonia, blaming fall gas demand and poor economics

by: Erica Mills

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Reuters: Finland Drops Plan to Build a Regional LNG Import Terminal

Finland's gas utility Gasum said on Friday it has dropped plans to build a regional liquefied natural gas (LNG) import terminal and a gas link to Estonia, citing declining gas demand and poor economics of the two projects.

The decision would benefit Russia's Gazprom, Finland's sole natural gas supplier, which also has a 25 percent stake in Gasum.

Read the full article HERE.

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