Marine Link
Wednesday, October 26, 2016

Wärtsilä to Provide Turnkey LNG Receiving Terminal in N. Finland

January 10, 2014

Schematic of Manga LNG terminal courtesy of Wärtsilä

Schematic of Manga LNG terminal courtesy of Wärtsilä

Wärtsilä says it has signed a turnkey contract to supply a liquefied natural gas (LNGLF) (LNG) receiving terminal to be built in Tornio, northern Finland. The contract, valued at approximately EUR 100 million, has been made with Manga LNG Oy, a joint venture between the Finnish companies Outokumpu Group, Ruukki Metals Oy, Gasum Oy and EPV Energy Ltd.

The contract is conditional on receipt of investment support and Manga LNG Oy's contracts with other parties, including the gas suppliers.

The main user of the natural gas from the terminal will be the Outokumpu Tornio steel mill, but industries, mines, and other potential gas consumers in the region will also be served. The terminal may also eventually supply LNG to ships, such as the new icebreaker planned to operate in the Tornio and Bay of Bothnia region.  

Wärtsilä is extending its LNG value chain strategy to cover LNG terminal solutions
Wärtsilä explains that it  is recognised for its market leading gas engine technology as well as for its broad offering in gas handling systems. With the Tornio Manga LNG receiving terminal, Wärtsilä is for the first time combining its strong Power Plants EPC capability with its industry leading LNG gas handling technology to provide a turnkey LNG terminal solution.

As LNG continues to replace oil and other fuels worldwide, Wärtsilä sees strong global market potential for medium-scale LNG distribution. The combination of market-leading LNG technology, ship design, and gas-fired marine propulsion and power plants enables Wärtsilä to take a leading role in end-to-end LNG systems.

"This is a large and extremely important project, and we see the selection of Wärtsilä Power Plants to engineer, supply, and construct the new LNG receiving terminal as an acknowledgement of our expertise and experience in engineering, procurement and construction (EPC) project execution, in LNG handling systems, and in the use of LNG as fuels. The terminal will enable this clean and competitively priced fuel to be available for industrial consumers in the Bay of Bothnia region, and will further enhance the growing acceptance of LNG as a marine fuel," says Vesa Riihimäki, President, Wärtsilä Power Plants.


Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News