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wartsila-receives-approval-for-its-first-lng-terminal
wartsila-receives-approval-for-its-first-lng-terminal

Wärtsilä receives approval for its first LNG terminal

Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a LNG import terminal in Tornio, Northern Finland.

Wärtsilä will commence construction on the site near the port of Tornio in January 2015. Manga LNG Oy is a joint venture of Outokumpu Group, Svenskt Stål AB (SSAB), Skangass and EPV Energy Ltd.

The company initially announced this project in January 2014. The order, valued at approximately €100m, will be included in Wärtsilä’s order intake in December 2014.

The turnkey delivery of the first import terminal supplied by Wärtsilä includes complete unloading, storing and regasification equipment for LNG. The capacity of the LNG storage tank will be 50,000 cubic metres. A 10-year maintenance agreement was also signed between the parties. The first maintenance agreement for an LNG terminal complements Wärtsilä’s service proposition and experience within dual fuel and gas engines and related equipment.

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