Tag: Liquefied natural gas
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HS: The Finnish government will ban the import of Russian LNG in 2025
“I don't want to promise any exact date, but hopefully next year we will be in a situation where the ban is in place,” he said on January 5. The Finnish state-owned natural gas company Gasum has continued to import liquefied natural gas from Russia throughout Russia's war of aggression in Ukraine. It has justified…
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Finland's electricity supply is stable this winter despite possible challenges
The Olkiluoto 3 nuclear power plant, which has an output of 1,600 megawatts, started regular production in April 2023. In addition, new wind power capacity has been added this year by more than 1,300 megawatts, which is expected to increase by another 600 megawatts by the end of the year. However, some production capacities, such…
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The Ministry of the Interior sets movement restrictions in the port area of Inkoo
There is currently a liquefied natural gas (LNG) terminal vessel in the port area.
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The Northern Sea Route: Why it is so important to Russia
The shortest route from Europe to the Far East and China through the Arctic Ocean has, since the Middle Ages, captured the imagination of many nations. However, it was the Russians who could make it a reality. Today, the Northern Sea Route (NSR) is a transport artery. It is actively used by Russia to serve…
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Two Finnish gas tankers constantly circulate in the Baltic Sea
Ships carrying Russian liquefied natural gas (LNG) cannot dock in a Finnish port, because the temperature of the gas must be kept at -163 degrees Celsius.
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Britain notified Russia of new sanctions targeting 86 individuals and entities
86 designations target individuals and organizations associated with Russia’s energy, metals, defense, transport and financial sectors, increasing pressure Putinn residual income and attempts to use these sectors to support the military apparatus. Britain is taking new action against Russia’s energy sector – building on bans on imports of Russian coal, oil and liquefied natural gas…
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The US cannot explain what happened to Nord Stream Russia
Moscow does not expect new insight from Washington on blasts that crippled key gas pipelines, senior diplomat says Washington has not responded to Moscow’s demands for an explanation of what happened to the Nord Stream pipelines after veteran journalist Seymour Hersh published a bombshell report accusing the United States of destroying the key gas route,…
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The US cannot explain what happened to Nord Stream Russia
Moscow does not expect new insight from Washington on blasts that crippled key gas pipelines, senior diplomat says Washington has not responded to Moscow’s demands for an explanation of what happened to the Nord Stream pipelines after veteran journalist Seymour Hersh published a bombshell report accusing the United States of destroying the key gas route,…
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Roundup: Germany mum on Nord Stream explosions amid US sabotage claims
BERLIN, Feb. 24 (Xinhua) — The German government is condoning the explosions that destroyed the Nord Stream 1 and 2 pipelines on Sept. 26 last year, even as the country continues to suffer a severe energy crisis following the disruption of Russian gas supplies. Without even giving access to members of the German Bundestag (the…
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Germany mum on Nord Stream explosions amid US sabotage claims
© Provided by Xinhua Without even giving access to members of the German Bundestag, all information on the matter has been classified as “highly confidential” due to the so-called third-party rule, which prevents conflicts with the interests of the allied states or their intelligence services. BERLIN, Feb. 24 (Xinhua) — The German government is condoning…
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Russia-EU relations no longer exist Moscow
The bloc chose economic ruin to be a vassal of the United States, Moscow’s UN envoy has said. Relations between the European Union and Russia are virtually non-existent, consumed by the abyss of EU subservience to the United States, Russian Permanent Representative to the United Nations Vassily Nebenzia told the Security Council on Thursday. Moscow…
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The LNG terminal leased from a US company arrives in Inko
The liquefied natural gas (LNG) floating terminal replaces the fuel previously imported from Russia.
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Traces of explosives found on Nord Stream scrap – Sweden
The gas pipeline, which connects Russia to Germany, was apparently blown up in September Swedish investigators have found traces of explosives on fragments of “foreign object” recovered from the blast sites in Nord Stream’s underwater pipelines, the country’s security service SAPO said on Friday. The new evidence confirms that the energy links were aimed at…
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Traces of explosives found on Nord Stream debris in Sweden
The gas pipeline, which connects Russia to Germany, was apparently blown up in September Swedish investigators have found traces of explosives on fragments of “foreign objects” recovered from the blast sites of Nord Stream’s underwater pipelines, the nation’s security service SAPO said on Friday. The new evidence confirms that the energy links were aimed at…
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Sweden finds foreign objects on Nord Stream’s pipelines
Traces of explosives were found on debris recovered from the blast sites, the country’s security agency said Swedish investigators have found traces of explosives on fragments of “foreign objects” recovered from the blast sites of Nord Stream’s underwater pipelines, the nation’s security service SAPO said on Friday. The new evidence confirms that the energy links…
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Sweden finds “foreign objects” on Nord Stream’s pipelines
Traces of explosives were found on debris recovered from the blast sites, the country’s security agency said Swedish investigators have found traces of explosives on fragments of “foreign object” recovered from the blast sites in Nord Stream’s underwater pipelines, the country’s security service SAPO said on Friday. The new evidence confirms that the energy links…
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The first images of Nord Stream’s damage were revealed
The images and video show evidence of what Danish police say were ?powerful explosions? Swedish newspaper Expressen released the first underwater images of the broken gas pipeline Nord Stream 1 on Tuesday. The Russia-Germany gas pipeline was seriously damaged in an apparent act of sabotage last month. The video footage, taken 80 meters below the…
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The first images of Nord Stream’s damage revealed (VIDEO)
The images and video show evidence of what Danish police say were “powerful explosions” Swedish newspaper Expressen released the first underwater images of the broken gas pipeline Nord Stream 1 on Tuesday. The Russia-Germany gas pipeline was seriously damaged in an apparent act of sabotage last month. The video footage, taken 80 meters below the…
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EU strengthens infrastructure protection Bloomberg
Member states must strengthen their energy and other key sectors against potential sabotage, the bloc warned Europe must take steps to protect its energy, communications, transport and other critical infrastructure from potential sabotage, the European Commission will recommend this week, according to Bloomberg. The EU’s governing body will also issue a “blueprint” for responding to…
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Sweden explains the rejection of the joint Nord Stream probe
Stockholm’s own investigation findings have been deemed too confidential to share with other nations, a Swedish official has said. Stockholm has rejected a plan to set up an official joint investigation team with Germany and Denmark to investigate the explosions that damaged the Nord Stream 1 and 2 gas pipelines in late September, Reuters reported,…
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Putin hints at the culprits behind Nord Stream sabotage
The explosions on the gas pipelines have made it easier to force American LNG on Europe, says the Russian president Those who benefit most from the damage to the Nord Stream gas pipelines in the Baltic Sea are the ones responsible for it, Russian President Vladmir Putin has said. “Everyone understands who is behind this…
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Italy tightens surveillance of submarine cables
The move comes in response to sabotage on the Nord Stream pipelines, an official told Reuters The Italian government has stepped up surveillance and controls on underwater energy and telecommunications cables off its coast, a source close to the matter told Reuters on Tuesday. The decision comes in response to the explosions discovered at the…
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Russia points the finger at the sole recipient of pipeline sabotage
The pipelines were the last thing that ensured the EU’s energy independence, Moscow’s UN envoy said The sabotage of Russia’s Nord Stream gas pipeline benefits the United States, not Russia or the EU, Russia’s Permanent Representative to the United Nations Vassily Nebenzia said on Friday. “The main question is whether what happened with Nord Stream…
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Is Finland’s national debt or the gas crisis a bigger threat to the economy?
The Finnish government currently has a debt of around 137 billion euros, and this number is likely to increase. The national debt has grown rapidly in recent years and grew even more strongly at the beginning of this year. The Ministry of Finance will start preparing next year’s budget this week. Like many countries, Finland’s…
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The Tampere electricity company stops buying fuel from the Russian Teboil
Electric company Tampere electricity plant announced on Tuesday that it will stop buying fuel from the Russian oil company Teboil. According to the Tampere company, deliveries ended on Monday. The company that provides district heating to the city said it has to use oil instead of liquefied natural gas (LNG) due to supply shortages after…
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The energy crisis can slow down Finnish industry
Finnish export manufacturers say they may have to reduce production if natural gas prices continue to rise. The price of gas in Europe rose recently as Russia deepened supply cuts. The price of natural gas is five times higher than a year ago and may rise further. Finnish industry is not as strongly dependent on…
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Finland targets the energy saving campaign at households
The Ministry of Labor and Economic Affairs plans to launch a campaign in August asking people living in Finland to save energy. The ministry confirmed to Yle that the campaign is being prepared, but did not comment further on its content. However, the ministry pointed out that the campaign originates from the initiative of the…
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Germany has lessons to learn about reducing gas demand to preserve EU unity
On Tuesday, the EU reached a draft agreement that member states will voluntarily reduce gas consumption by 15 percent from August to March. The load will fall unevenly given that some countries are more dependent than others on Russian gas. But beyond what the text says, analysts say countries that failed to heed warnings about…
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EU to members: Reduce gas use after new Putin warning
BRUSSELS, Belgium: After President Vladimir Putin warned that Russian gas and oil sent to Europe could be further reduced and even stopped, the European Union this week called on member states to cut gas use by 15 percent by March. After a 10-day shutdown for annual maintenance, supplies via the Nord Stream 1 pipeline, which…
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Governor of the Central Bank: Russia’s isolation affects especially the economy of Eastern Finland
According to the Governor of the Bank of Finland, Russia’s isolation from the West, which has been caused by the international outrage over its attack on Ukraine, especially affects the economy and future prospects of Eastern Finland. Olli Rehn. "The cruel and illegal war of aggression launched by Russia has greatly disrupted the European economy,"…
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Putin’s war could be a crossroads for the climate
This week’s conflict begins in the heavily gas-dependent Germany. To avoid importing gas from Russia, there is now a large investment in terminals for liquefied natural gas, LNG. The problem is that it has a greater climate impact compared to the gas that comes in pipelines from Russia. Reporter Marcus Hansson goes to Wilhelmshaven where…
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The small Finnish town of Inkoo hosts a massive floating LNG terminal
Read more: Finland signs 10-year lease agreement for a floating gas terminal (23.5.2022) Finland and Estonia signed an agreement to acquire a floating terminal at the end of April. The 10-year lease for the floating Exemplar terminal was signed in May. The small locality was chosen as a location partly because of its suitable port…
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Finland and Estonia will lease a floating LNG terminal after the cut-off in Russia
Finland and Estonia are jointly planning to lease a nearly 300-meter-long liquefied natural gas (LNG) terminal to secure gas imports following Russia’s recent cut-off. Russia stopped exporting LNG to Finland in May, threatening some industries, including the gas-based bakery, forest and oil industries. The floating LNG terminal will be docked in the South Harbor of…
