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.
Tourists will be replaced by soldiers and scientists on the North Pole this spring. Instead of the traditional Barneo ice camp, Russia is about to establish two bases – one for scientists and one for the military.
The overall goal for Norwegian Arctic Policy is to ensure that the current geopolitical tensions do not spill over and pose a challenge to peace and stability characterizing the region, says Foreign Minister Børge Brende.
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.
Eva Biaudet, Finland’s Non Discrimination Ombudsman says to BarentsObserver the rejection of the ratification of ILO Convention No. 169 was a step backwards for the political efforts to strengthen Sami rights.