Elenger has booked more than half of Inkoo’s winter capacity
As a result of the winter capacity booking organized by the Finnish Inkoo LNG terminal, Eesti Gaas got three delivery slots, which, together with the one booked already earlier, allows the company to bring a total of four LNG cargoes to Finland from December to April.
“Our goal is to bring one cargo every month during the winter period and thereby ensure stability and security of gas consumption for customers and the Finnish market. The interruption of the Balticconnector has brought new challenges, but the market is capable of solving this situation with the cooperation of the system operator, the LNG terminal and the gas importers,” said Pasi Näkki, the CEO of Elenger Suomi.
Elenger has more than tripled its LNG deliveries this year – instead of five ships last year, the company will bring a total of 18 cargoes to the region this year. One third of the imports from Finland and the Baltic region go through Elenger.
In the past, natural gas reached Finland mainly via pipeline from Russia but this direction has been closed for nearly a year and a half and a full-scale turn to the west has taken place. Natural gas is now brought in liquefied form to the Inkoo terminal where it is regasified and fed into the gas network. The LNG supplies imported by Elenger have certificates of origin, the gas mostly comes from the United States and Norway.
Operating in five markets – Finland, Estonia, Latvia, Lithuania and Poland – Elenger grew last year to become the largest private energy company in Finland and the Baltic region. Elenger group offers its customers natural gas in the form of pipeline gas, compressed natural gas (CNG) and liquefied natural gas (LNG) and manages the largest gas networks in Estonia and Latvia. The company is actively engaged in international energy trade and develops a renewable energy portfolio in the form of solar energy and biomethane production and sales. In native market Estonia, Elenger is called Eesti Gaas.