Finnish technology group Wärtsilä broke ground on Tuesday for the Hamina LNG terminal that is to be engineered, procured and constructed at the port of Hamina.
The facility will have an on-site storage capacity of 30,000 cubic meters and re-gasification 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, Wärtsilä said.
The foundation for the terminal’s storage tank 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, the main shareholders of whom are Hamina Energy and Estonian energy company Alexela.
Preparations are being made for a second 20,000 cubic meter LNG storage tank to be added in the terminal at a later date.