Finland and Estonia lease LNG terminal to stop supplies from Russia as soon as possible

Finland, in cooperation with Estonia, is leasing a large LNG terminal vessel to cut off gas supplies from Russia as soon as possible, according to the Finnish Ministry of Employment and Economic Development.
“As a result of the war in Ukraine, we must also prepare for the disruption of gas imports. A floating LNG terminal is, among other things, an effective way to ensure gas supply to our economy. I would like to thank the Estonian government for its impeccable cooperation,” Minister of Economy Mika Lintil was quoted in the message.
It is specified that the Finnish Ministry of the Environment instructs the gas transportation company Gasgrid Finland Oy to clarify and agree on the terms of the lease of the LNG terminal vessel in cooperation with the Estonian company Elering AS and implement the project as soon as possible.
A floating LNG terminal is the fastest way to get rid of Russian pipeline gas, the ministry said.
The final location of the LNG terminal vessel will be in southern Finland and connected to the natural gas transportation network.
The Finnish government hopes to have the terminal up and running by next winter.