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Eesti Gaas will bring an additional ship from the United States by November to serve Finland's gas consumption, the company is ready to bring additional supplies to the Inkoo terminal for this season.
"The market can handle the Balticconnector's situation, and based on the Inkoo terminal, it is possible to cover Finland's consumption volume - there is enough gas and tankers in America and Europe, additional ships can be ordered quite quickly, and the Inkoo terminal has previously operated in the mode of current gas demand," stated Margus Kaasik, Chairman of the Board of Eesti Gaas.
"In the last week, we have taken an important step forward - Gasgrid has announced the possible restart time of Balticconnector, and Inkoo Terminal has established the rules for the use of the terminal for this winter. Eesti Gaas, for its part, is ready to show that it is capable of being up to the task in a difficult situation and guaranteeing deliveries to customers," said Kaasik.
Eesti Gaas has tripled its LNG deliveries this year – instead of last year's five ships, the company is bringing already the 17th shipload of LNG to the region this year. One shipload of gas makes up about a quarter of Estonia's annual gas consumption. If before, natural gas reached Estonia mainly via a pipeline from Russia, this direction has been closed for nearly a year and a half and a full-scale turn to the west has taken place. Natural gas is now brought in liquefied form or LNG (liquefied natural gas) to the terminals in Inkoo in Finland and Klaipeda in Lithuania, where it is regasified and fed into the network or pipeline. The LNG supplies imported by Eesti Gaas have certificates of origin, the gas comes mostly from the United States and Norway.
