The Finnish Government, in its plenary session today on 21 June 2017, granted Baltic Connector Oy consent pursuant to the Act on the Exclusive Economic Zone of Finland to start constructing the Balticconnector offshore pipeline. The consent grants the permission to construct a natural gas pipeline between Finland and Estonia in the Finnish EEZ. All […]
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Government Proposal for Natural Gas Market Act enables the natural gas market to be opened up
The Finnish Government has given its proposal to the Natural Gas Market Act on Thursday 11 May. The main objective of the proposal is to open up the natural gas wholesale and retail markets to competition.
The first public procurements of the Balticconnector project have started
The first public procurements of the Balticconnector construction project started last week. Balticconnector is a gas pipeline between Finland and Estonia.
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WHAT IS BALTICCONNECTOR?
Balticconnector is a gas pipeline connecting Finland and Estonia. It will link the Finnish and Baltic gas markets, enabling their integration with the EU’s common energy market. Furthermore, the construction of new gas infrastructure in the Baltic states will allow bi-directional gas transmission between Estonia and Latvia. Combined with Balticconnector, this infrastructure will provide Finland and Estonia with access to underground storage in Latvia to meet the market demand.
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