Finland’s Gasgrid offers Inkoo FSRU capacity for 2025

A unit of Finland’s Gasgrid is offering regasification capacity for 2025 at the FSRU-based LNG import terminal in Inkoo.

According to a statement by Gasgrid, Floating LNG Terminal Finland has started the annual capacity allocation process for calendar year 2025 on July 15.

The company is offering a total of 22 terminal slots of 950 GWh each.

Applicants need to submit their terminal capacity requests by August 15, 2024, it said.

Gasgrid’s documents also show that the company plans to send the FSRU to a drydock for maintenance from the second half of August 2025 until the beginning of October in 2025.

In May this year, Gasgrid said that companies have booked 95 percent of the offered regasification capacity at the terminal in 2024.

Excelerate Energy’s 150,900-cbm FSRU Exemplar, which serves the Inkoo terminal under a charter deal, has a regasification capacity of more than 5 bcm per year.

Finnish state-owned energy firm Gasum and Eesti Gas, a unit of Estonian investment firm Infortar, delivered LNG cargoes to the FSRU during the winter period.

Finland relied on LNG imports via the FSRU and the small Hamina LNG terminal to meet domestic demand for households, industry, and power since the Balticconnector gas pipeline between Finland and Estonia suffered a rupture and was shut down in early October 2023.

In April, the Balticconnector offshore gas pipeline, owned by Gasgrid and Estonian gas system operator Elering, resumed commercial operations.

Most Popular

Venture Global’s Plaquemines LNG terminal achieves first production

Venture Global announced on Friday it had reached first LNG production at the company’s second facility, Plaquemines LNG, in...

Spot LNG rates remain weak

“Spark30S rates rose for a fourth consecutive week, increasing marginally by $750 to $23,500 per day,” Qasim Afghan, Spark’s commercial...

Swan Energy, Nebula’s AG&P LNG plan Indian JV

Swan Energy said on Friday it had signed a heads of agreement with AG&P Terminals &Logistics (Singapore). The two firms...

More News Like This

Eesti Gaas using gas storages in Poland and Germany for winter

LNG importer Eesti Gaas, a unit of Estonian investment firm Infortar, has started using underground gas storage facilities in...

Gasgrid: Inkoo FSRU capacity 50 percent booked in 2025

In July, Gasgrid's unit Floating LNG Terminal Finland offered in total of 22 terminal slots of 950 GWh each...

Gasgrid: Inkoo FSRU capacity 95 percent booked in 2024

Finland’s gas system and LNG terminal operator Gasgrid said companies have booked 95 percent of the offered regasification capacity...

Finland’s Gasgrid says Balticconnector gas pipeline back in service

The Balticconnector offshore gas pipeline, owned by Finland’s gas system and LNG terminal operator Gasgrid and Estonian gas system...