LNG terminal move to Finland will not affect Latvia: Minister

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The decision that the LNG vessel will be located at the terminal in Inkoo, Finland, rather than Paldiski, Estonia, does not significantly alter Latvia's situation, said Economics Minister Ilze Indriksone (National Alliance) on Latvian Television October 20. 

She said that Latvenergo was constantly in contact with the developers of the LNG terminal and had already logged on and received gas from the first vessel to be moored in December.

Indriksone said that the Paldiski or Inkoo terminal is no longer needed urgently for Latvenergo because a long-term agreement has been reached on the use of the Klaipeda LNG terminal, but it will also be possible to supply gas via Estonia.

At the same time, she said that it was important that all gas received by Inkoo or Paldiski, which is not necessary to ensure Finland's energy security, could be purchased freely by any other trader operating in the single gas market.


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