Energy, Estonia, EU – Baltic States, Gas

International Internet Magazine. Baltic States news & analytics Monday, 20.05.2019, 02:11

Cornerstone for Balticconnector laid in Finland

BC, Tallinn, 11.06.2018.Print version
The Estonian state-owned electricity and gas transmission network operator Elering AS and the Finnish state-owned company Balticconnector Oy on Friday laid the cornerstone for the Balticconnector undersea gas pipeline between Estonia and Finland, informs LETA/BNS.

The cornerstone laying at Inkoo, Finland was attended by Estonia's Minister of Economic Affairs and Infrastructure Kadri Simson, Finland's Minister of the Environment and Energy Kimmo Tiilikainen, European Commission member Jyrki Katainen and the managers of Elering and Baltic Connector OY, Elering said.

The undersea link to be completed by 2020 is a precondition for the establishment of a natural gas market embracing Finland and the Baltic countries.

"Estonia opened its gas market for real competition a few years ago and free competition has already benefited both consumers and traders. I hope that Finland will also soon join the family of countries with a liberalized gas market," Elering CEO Taavi Veskimagi said at the ceremony on Friday.

The total cost of the project is approximately 300 million euros and the European Union is to give 206 million euros for the construction of the Balticconnector cluster.

The underwater portion of the gas pipeline will run from the Pakri peninsula in northwestern Estonia to Inkoo, Finland. In total 77 kilometers of pipe will be laid on the sea bottom. The gas pipeline will enable the two-way movement of natural gas. The throughput of the gas pipeline with a 500 millimeter nominal diameter and up to 80 bar pressure is 7.2 million cubic meters of gas per day. The length of Balticconnector's section on the mainland of Estonia from Kiili to Paldiski is 55 kilometers and the length of the section from Inkoo to Siuntio in Finland is 21 kilometers.

EG Ehitus AS, a subsidiary of the Estonian natural gas and electricity seller Eesti Gaas, is to build the 55-kilometer Estonian ground section of the pipeline for 43.4 million euros. The offshore section of the pipeline is to be built by the Swiss company Allseas.

Search site