Gasum delivers second LNG cargo to the Inkoo FSRU terminal
Published by Theodore Reed-Martin,
Editorial Assistant
LNG Industry,
Nordic energy company Gasum is delivering a cargo of LNG to the Inkoo floating storage regasification unit (FSRU). The cargo arrived on Sunday 5 November and unloading has been started. At the FSRU the LNG is regasified and fed into the Finnish gas pipeline grid.
This is the second LNG cargo Gasum has delivered to the Inkoo FRSU since the Balticconnector gas pipeline between Finland and Estonia suffered a rupture and was shut down in early October. Repair of the pipeline is expected to take at least five months. In the meantime, all Finnish natural gas demand must be met through imports of LNG.
“We are working hard to secure supply of natural gas over the coming winter season to our customers, whose operations depend on a steady supply of gas. It is a challenging situation, but we already have experience from rebuilding our pipeline natural gas supply chain after natural gas imports from Russia were suspended in 2022,” said Jouni Liimatta, Head of Trading and Optimising at Gasum.
The LNG cargo is approximately 400 GWh in size, it was supplied by Gasum’s longtime partner Equinor and comes from Norway. Equinor is a Norwegian state-owned multinational energy company with a presence in 30 countries around the world.
In addition to this delivery, Gasum has reserved three more slots at the Inkoo FSRU for the upcoming winter season. These cargoes will ensure that Gasum can meet the natural gas demand of its customers until spring 2024. In the coming months the Inkoo FSRU will also be equipped with the technical capability to load LNG from the terminal further into smaller bunkering vessels, improving the flexibility of cargo utilisation.
Read the article online at: https://www.lngindustry.com/lng-shipping/07112023/gasum-delivers-second-lng-cargo-to-the-inkoo-fsru-terminal/
You might also like
IEEFA: Tidal wave of new LNG supply to flood market amid demand uncertainty
Sluggish demand growth for LNG, combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis.