The Baltics aim to develop LNG import capacity in pivot away from Russian gas
Baltic states step up LNG import push
Finnish and Latvian projects progress as the region aims to accelerate move away from Russian gas
Finnish transmission system operator Gasgrid Finland has signed a ten-year contract with US firm Excelerate Energy to charter a floating storage and regasification unit (FSRU), which may initially be located across the Gulf of Finland in Estonia. And another floating import project in Latvia has attracted a new partner as the Baltic region attempts a pivot away from dependence on Russian pipelines. Under the Finnish deal, Excelerate’s Exemplar vessel—with LNG storage capacity of 150,900m³ and more than 5bn m³/yr of throughput capacity—will provide regasification services in southern Finland. But the FSRU may be moored in an Estonian port this winter if required work has yet to be completed i
Also in this section
6 February 2026
The long close relationship between key supplier Qatar and pivotal buyer Japan becomes even deeper following new landmark deal
6 February 2026
Partnerships across the LNG value chain have evolved over time, growing in both complexity and importance, according to panellists at LNG2026
6 February 2026
Nigeria's mega-refinery is still trying to solve many challenges, all while its owner talks up expansion
5 February 2026
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
