FINLAND AND ESTONIA REACH AGREEMENT ON LNG PIPELINE

AFTER two years of talks, Finland and Estonia have reached an agreement (on November 17) to build a liquefied natural gas (LNG) Balticconnector pipeline under the Gulf of Finland between the two countries by 2019."There are no negatives in this investment. It will diversify Finland’s fuel supply and promote competition," Antto Vihma, an energy-security expert at the Finnish Institute of International Affairs, told Petroleum Review.The landmark investment, which is the most capital intensive energy-related project linking any Nordic and Baltic states, is ...


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