In a deal signed Friday by both Finnish and Estonian authorities, the countries agree to take further steps towards the building of two LNG terminals on either side of the Gulf of Finland. A pipeline is to connect the two plants, Yle reports.
The agreement prepares the way for a feasibility study on the project, Gasum informs in a press release.
If built, the plants will make both countries fully independent of gas imports from Russia. Currently, gas accounts for about 10 percent the Finnish Total Primary Energy Supply (TPES) and Russia is the country’s only import source.
All gas imports are managed by Gasum, the company which now is leading the way in the LNG project. The Finnish-Estonian agreement comes only one week after Gasum acquired a 51 percent share of the LNG distribution business of the Norwegian company Skangass.
The Northern Fleet’s destroyer “Severomorsk” is heading home after a five month long mission to the Mediterranean. On the way, the vessel will be conducting drills in the Norwegian Sea and Barents Sea.
How come that the Barents and the Balkan regions have nearly the same average life expectancy, but their GDPs are dramatically different? BarentsObserver compares two border regions trying to find an answer.
Terrorism fears, with police and soldiers likely targets, is the reason for the special decision to allow Finnish Border Guards to be armed when on patrol in the normally relaxed town of Kirkenes in Norway’s northeastern corner.
The results of Sunday’s parliamentary elections in Finland show a clear, expected win by the opposition Centre Party. The party’s leader, 53-year-old millionaire Juha Sipilä from Oulu in northern Finland is poised to succeed Alexander Stubb as Finland’s next prime minister.
Both procurator’s office and regional Ministry of Justice have earlier cleared the environmental organization from suspected political activity, but since they failed to voluntarily sign up as foreign agent, the risk is a fine of 300,000 to 500,000 rubles.