Ministry Of Employment And The Economy News

Finland’s first liquefied natural gas (LNG) import terminal at Pori on the west coast was officially opened, says Gasum. Deliveries of LNG to customers began on the same day, the company said in its statement. It enables LNG deliveries to industrial, maritime and heavy-duty road transport customers outside the gas pipeline network and diversifies the Finnish energy market. Access to LNG in Finland will improve considerably following the opening of the terminal. This is an important competitiveness factor for the M20 Industrial Park at the Port of Pori as well as current industrial operators in the area, of which the energy company Huntsman Pigments and Additives Oy, Kemira Oyj, Norilsk Nickel Harjavalta Oy and Porin Prosessivoima have already switched to LNG.

Sunday July 10th 2016 the first shipload of liquefied natural gas (LNG) arrived at the Gasum’s subsidiary Skangas LNG terminal in Pori. To be completed in August, the facility is the first LNG import terminal in Finland. LNG was brought with the time chartered Skangas Coral Energy carrier from the North West Europe. The Skangas LNG terminal is undergoing commissioning, and commercial deliveries to customers will begin in September. LNG will help diversify the Finnish energy market as it enables deliveries to industrial operators outside the gas pipeline network as well as for maritime and heavy-duty road transport. The construction of the Skangas LNG import terminal in Pori has progressed according to the planned schedule without any accidents resulting in absence from work.

Nordic liquefied natural gas operator Skangass  has celebrated a topping out ceremony at its Pori LNG terminal. The company said it was making progress in the construction of the storage tank for Finland's first LNG import terminal at the southern port of Pori. “Excellent progress has been made in the work, and the weather has also been on our side” Project Manager Stanislav Lysak from Gasum commented in a note, not elaborating on when the structure would be ready to receive LNG. The LNG terminal will comprise the LNG storage tank, loading docks, process units, flare torch, three loading docks for road tankers, a transformer building and a heat production unit. Skangass is investing €86 million on the Pori LNG import terminal in order to strengthen the Finnish LNG infrastructure.

A Finland government owned investment company, Finnish Industry Investment Ltd, has today purchased a 66.4 per cent majority stake of the shares of Aker Arctic Technology Oy (Aker Arctic) from STX Finland Oy. Aker explain that In recent months the Ministry of Employment and the Economy has been studying actively the possibilities for securing the Company's know-how and further development in Finland. The transfer of the Company´s know-how, such as intellectual property rights, away from Finland, would have meant a serious setback for the entire Finnish Arctic marine industry's future development. Aker Arctic is one of the world's leading companies in Arctic marine logistics and offshore solutions as well Arctic vessels design.

Arrangements have been made to ensure that the Turku shipyards of STX Finland will be able to deliver two ships ordered by the German TUI cruise line, Finland’s Ministry of Employment and the Economy said on Friday. The two cruise liners are slated for a 2014-2015 completion date. The parties participating in the agreement are the State of Finland, German shipping company TUI Cruises and the Korean-owned STX Europe. The Finnish government expects to put 31 million euros in subsidies toward construction, and 9.6 million has been used so far. Finnvera, a state-owned financing company, pledged up to 292 million euros for the period that the ships are under construction.