Finland's floating storage and regasification unit (FSRU) is fully booked for liquefied natural gas (LNG) imports in the second and third quarters this year, the terminal's CEO Satu Mattila said in a speech on May 25.
The FSRU has received reservations for half the capacity available in the next gas year, which begins in October, she said.
The Exemplar FSRU was chartered last year by Finland on a 10-year contract to help replace Russian pipeline gas, serving both the domestic market as well as neighboring Estonia.
Russia's Gazprom Export in May of last year ceased pipeline-based natural gas deliveries to Finland in a dispute over payments.
Recommended Reading
Artificial Lift Firm Flowco’s Stock Surges 23% in First-Day Trading
2025-01-22 - Shares for artificial lift specialist Flowco Holdings spiked 23% in their first day of trading. Flowco CEO Joe Bob Edwards told Hart Energy that the durability of artificial lift and production optimization stands out in the OFS space.
2025 Pinnacle Award: Christine Ehlig-Economides is a Pioneer in the Field and Classroom
2025-02-27 - University of Houston petroleum engineering professor Christine Ehlig-Economides has left an indelible mark on the industry and blazed a trail for women.
Lion Equity Partners Buys Global Compression from Warren Equipment
2025-01-09 - Private equity firm Lion Equity Partners has acquired Warren Equipment Co.’s Global Compression Services business.
Diamondback Energy Appoints Industry Veteran Holderness to Board
2025-02-04 - Diamondback Energy has named Darin G. Holderness, who founded and served as CFO at P&A Exchange LLC and CFO at ProPetro Holding Corp. as a board of directors at the Permian Basin E&P.
USA Compression Names Chris Wauson as COO
2025-03-07 - Chris Wauson, currently the leader of natural gas compression company USA Compression Partners’ Permian office, has been chosen as the company’s new COO.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.