Finland's first floating liquefied natural gas (LNG) terminal was moored on December 28 at the southern port of Inkoo, where it will supply gas to the Nordic country, which was cut off from Russian gas imports earlier this year amid the war in Ukraine. The massive offshore support vessel Exemplar, owned by the U.S. company Excelerate Energy, is scheduled to be operational from the beginning of 2023. State-owned Gasgrid Finland called the move historic. The company said Finland will "permanently phase out its dependency on Russian gas and will greatly improve society's security of supply." To read the original story by AP, click here.
Floating LNG Terminal Moored Off Finland Set To Replace Russian Gas
A planned floating liquefied natural gas terminal is shown under construction off the coast of Germany.