October 01, 2018 [Hydrocarbon Engineering] - A ground-breaking ceremony for the new Hamina LNG terminal that is to be engineered, procured and constructed by Wärtsilä was held on 25 September 2018.
The ceremony was attended by Finland’s Minister of Finance, Petteri Orpo, as well as local officials and executives from Hamina LNG Oy and Wärtsilä.
The 30,000 m3 capacity terminal will provide storage of LNG. It will also have regasification capability for sending the gas to the existing distribution network serving both regional and national markets. In addition, the terminal will have a truck-loading area for LNG, as well as the possibility to supply bunkering barges and small-scale carriers.
The tank foundation for the terminal has already been cast, and the facility is scheduled to become fully operational in 2020.
Wärtsilä Development and Financial Services (WDFS) has a minority investment in Hamina LNG Oy, the main shareholders of which are Hamina Energy Ltd and Estonian energy company Alexela. Preparations are being made for a second 20 000 m3 LNG storage tank to be added in the terminal at a later date.
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