Gasum Oy and Tornio ManGa LNG project collaborating to explore plans for Finnish liquefied natural gas sourcing and shipping logistics

The Finnish gas company Gasum Oy and the owners of the Tornio ManGa LNG project are collaborating to explore opportunities for liquefied natural gas (LNG) sourcing and shipping logistics for terminals in Tornio and Turku. The joint effort aims to create a cost-efficient, Finnish LNG sourcing and shipping solution for industrial, energy production and maritime transport use. The aim is to launch LNG shipping in 2015–2016.

Tornio ManGa LNG is planning an LNG import terminal for Röyttä, Tornio, while Gasum is planning one for Pansio, Turku. The collaboration now launched aims to ensure the efficient and secure sourcing and shipping of LNG for the Tornio and the Turku terminals. This will promote access to low-emission LNG for use as an industrial, energy production and shipping fuel.

Opportunities for cooperating in the procurement of LNG carriers and joint use of transport capacity are being explored. As regards natural gas sourcing, potential supply chains are assessed and efforts are made to find cost-efficient solutions to ensure access to energy.

The LNG terminals and the new distribution infrastructure would diversify the Finnish gas market and enable gas sourcing via different supply chains. Finland does not currently have an LNG import terminal. Instead, all of the country’s natural gas imports arrive via a gas pipeline from Russia.

LNG is an environmentally friendly fuel that can be used to replace oil-based fuels in industry, energy production and maritime transport and, consequently, achieve major reductions in particulate and carbon dioxide emissions from these activities.

In maritime transport LNG helps respond to the challenges posed by the sulphur emission limits that will enter into force in 2015 as LNG is a fully sulphur-free fuel.

The LNG supply infrastructure will improve industrial competitiveness as the price of LNG has in recent years continuously remained more stable and its development more moderate than the price development of heavy and domestic fuel oil.

The construction of LNG infrastructure will also have a major job-creating effect in the Tornio and Turku regions.

LNG distribution is due for a launch in Pansio, Turku, in late 2015 and in Röyttä, Tornio, in 2016.

More information:
Tommy Mattila, Head of LNG, Gasum
Tel. +358 40 581 9247, tommy.mattila@gasum.fi

Tuomo A. Rytkölä, Project Manager, Tornio ManGa LNG
Tel.+358 400 681 305, tuomo.rytkola@trianglepartners.fi

Gasum is a Finnish expert in natural energy gases. The company imports natural gas to Finland and transmits and supplies it to Finnish energy users. Gasum is systematically developing the Finnish biogas sector and opportunities for the utilisation of liquefied natural gas (LNG). In 2012 Gasum’s net sales totalled €1,281.8 million and its operating profit €62.1 million. The Gasum Group employed an average of 259 persons.

Finnish industrial companies Outokumpu, Rautaruukki and EPV Energy and Swedish LKAB are exploring opportunities for the utilisation of liquefied natural gas (LNG) in industrial processes, energy production and maritime transport. Engaged in development cooperation under a project entitled Tornio ManGa LNG, the companies are making preparations for the construction and commissioning of an LNG terminal in Röyttä, Tornio.