It will aim to improve the security of energy supply in the region and contribute to reducing carbon dioxide emissions. This is in line with EU energy and environmental objectives.<\/p>\n
Commissioner Margrethe Vestager, said: \u201cThe Hamina LNG terminal is one of several planned in Finland. These small scale LNG terminals will provide a new source of cleaner fuel for the maritime industry and diversify Finland\u2019s gas supply sources.\u201d<\/p>\n
\u201cIt is a good example of EU state aid rules encouraging sound public investment and helping the EU reach its energy security and environmental goals.\u201d<\/p>\n
With no LNG terminals currently in Finland, the Hamina project is part of the country\u2019s plans to create a network of small LNG terminals with the aim of offering LNG fuelling stations for ships and ensuring an additional source of gas for Finland.<\/p>\n
It will also contribute to the development of infrastructure supporting alternative fuels in a port that is part of the trans-European transport network (TEN-T).<\/p>\n
The Hamina terminal will have a storage capacity of 30,000m3. Approximately 30% of the total investment costs will be covered by \u20ac27,660,000 of public funding, the remainder will be funded by the developer and the future owner of the terminal.<\/p>\n
In September last year, the Commission already approved aid for another small scale LNG terminal, at Pori on the West coast of Finland.<\/p>\n","protected":false},"excerpt":{"rendered":"
The European Commission has announced that it has approved aid for a LNG terminal at Hamina in Finland.<\/p>\n","protected":false},"author":8,"featured_media":4483,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18],"tags":[],"sponsor":[],"class_list":["post-4482","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alternative-fuels-greenport"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/4482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/comments?post=4482"}],"version-history":[{"count":1,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/4482\/revisions"}],"predecessor-version":[{"id":4484,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/4482\/revisions\/4484"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media\/4483"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media?parent=4482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/categories?post=4482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/tags?post=4482"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/sponsor?post=4482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}