• Upstream
  • Pipelines & Transport
  • Downstream
Friday, October 10, 2025
Oil&Gas Advancement
OFFSHORE ENERGY
  • Home
  • News
    Key Offshore Block of Shell

    QatarEnergy Buys Share in a Key Offshore Block of Shell

    U.S. Crude Oil Exports

    U.S. Crude Oil Exports Hit Highest Mark Since February 2024

    Natural Gas to China at Lower Prices

    Russia Indicates Natural Gas to China at Lower Prices

    First Oil Production

    U.S. Gulf Achieves First Oil Production Milestone

    Tamboran to acquire Falcon Oil Gas

    Tamboran to Acquire Falcon Oil & Gas in Australia

    Subsea Production Systems

    TechnipFMC Gets Petrobras Subsea Production Systems Deal

    Energy Security of the UK

    £830mn Gas Storage Project for Energy Security of the UK

    Frontier Exploration to Grow

    Global Oil And Gas Majors Push Frontier Exploration to Grow

    Nitzana Natural Gas Pipeline

    Chevron & Israel Team to Build Nitzana Natural Gas Pipeline

  • Projects
    Tamboran to acquire Falcon Oil Gas

    Tamboran to Acquire Falcon Oil & Gas in Australia

    Subsea Production Systems

    TechnipFMC Gets Petrobras Subsea Production Systems Deal

    Oil and Gas Exploration

    Egypt Signs 3 Deals worth Over $121M for Oil and Gas Exploration

    13bn Worth Iraq Project

    QatarEnergy, TotalEnergies Partner $13bn Worth Iraq Project

    25 Billion LNG Project

    McDermott Gets Key Contract for $25 Billion LNG Project

    4bn New Israeli Gas Offtake Contracts

    Energean Lands $4bn New Israeli Gas Offtake Contracts

    LNG Procurement and Trading

    Singapore-China Apply Cap on LNG Procurement and Trading

    Production Sharing Contract of Nigeria

    Production-Sharing Contract of Nigeria with TotalEnergies

    First Arctic LNG 2 Gas Delivery

    First Arctic LNG 2 Gas Delivery from Russia to China Starts

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases
    Cloudera and Aramco Plan to Collaborate on AI driven Digital Innovation in Saudi Arabia

    Cloudera and Aramco Plan to Collaborate on AI-driven Digital Innovation in Saudi Arabia

    Youth-Empowerment at Namibia Oil and Gas Conference 2025

    Namibia Oil and Gas Conference 2025 Announces Future Generations Masterclass in Partnership with the Namibia Youth Energy Forum

    Alaska LNG

    Glenfarne Announces Over $115 Billion of Strategic Partner Interest for Alaska LNG

    agreements with US companies

    Aramco announces 34 MoUs and agreements with US companies

    Sinopec Sets New Vertical Well Depth

    Sinopec Sets New Vertical Well Depth Record of 5,300 Meters

    Jubail Asset Integrity

    Jubail to Host the 3rd Asset Integrity and Process Safety Conference & Exhibition 2025

    IPTC 2025 Launched: Driving Innovation, Sustainability, and Excellence in Energy

    Ocean Business announces exhibitor list for 2025 show

    Ocean Business 2025 conference programme announced

  • Market Reports
    AI Technology Maturing the Oil and Gas Workforce

    AI & Technology Maturing the Oil and Gas Workforce

    HDPE Market in Oil and Gas

    HDPE Market in Oil and Gas: Trends and Global Forecast

    Top 5 Oil and Gas Sector Trends that are Active in 2025

    Oil-and-Gas-Analytics

    Oil and Gas Analytics Market Growth Trends and Forecast

    Gas-Transportation

    Transport Capacity – Key to Gas Sector Growth in India

    Offshore-Drilling

    Namibia Showcases its Offshore Drilling Activities

    Global-Oil

    Demand for Global Oil to Grow to Almost 104 mb/d in 2025

    ExxonMobil to sell Norway upstream operations for $4.5 billion

    ExxonMobil completes acquisition of Pioneer Natural Resources

    Ithaca Energy unit to acquire Chevron’s Central North Sea assets

    ExxonMobil doubles Permian footprint after finalizing Pioneer acquisition

  • Events
  • Contact Us
No Result
View All Result
Oil&Gas Advancement
No Result
View All Result
Home Downstream

Finland Grants Support to Three Small LNG Terminals

in Downstream, Europe, News
Share on FacebookShare on Twitter

The Finnish government granted 65.2 million euros (84.22 million US dollar) in subsidies to build three small liquefied natural gas (LNG) terminals to cut on use of fuel oil and liquefied petroleum gas (LPG) in industry, the economy ministry said on Thursday.

 

Finland is building a network of LNG terminals along its coastline, expecting that LNG will be increasingly used as a shipping fuel in the Baltic Sea.

 

“With the help of this support, Manga LNG Oy, Skangass Oy, and Oy Aga Ab will build LNG terminals in Tornio, Pori and Rauma respectively,” the ministry said in a statement.

 

Manga LNG is a joint venture, which includes Finnish stainless steel maker Outokumpu Oyj.

 

Finnish utility Gasum owns 51 percent of Norwegian Skangass, while Swedish Aga is owned by German industrial gases maker Linde AG.

 

“These new terminals will help facilitate a move to significantly reduce the industrial use of fuel oil and liquid petroleum gas (LPG) in Finland,” the ministry added.

 

From the start of the next year, all ships operating in the North Sea, Baltic Sea and English Channel will have to use a fuel with a maximum sulphur content of 0.1 percent.

 

Ships are typically powered by heavy fuel oil or bunker oil, which contain 2.5 to 3 percent sulphur on average.

 

To comply with new rules ship owners could use low-sulphur marine gasoil, which can cost four times as much as high-sulphur bunker fuel, put filters or use LNG.

 

The later option means that ships would need expensive retrofitting, and a reliable supply chain.

 

On land companies could be interested to replacing LPG with LNG to cut carbon emissions.

 

Investments into the three terminals with a combined storage capacity of 90,000 cubic metres will total more than 200 million euros, and they are expected to come in operation in 2016-2017, the ministry said.

 

The government is still assessing requests for providing investment support for another three terminals. 

Previous Post

Petronas Still Eyeing Year End for Canada LNG Investment Decision

Next Post

GM Recalling Natural Gas-powered Vans Due to Possible Leak

Related Posts

Key Offshore Block of Shell
News

QatarEnergy Buys Share in a Key Offshore Block of Shell

October 7, 2025
U.S. Crude Oil Exports
Downstream

U.S. Crude Oil Exports Hit Highest Mark Since February 2024

October 6, 2025
Natural Gas to China at Lower Prices
Downstream

Russia Indicates Natural Gas to China at Lower Prices

October 4, 2025
First Oil Production
News

U.S. Gulf Achieves First Oil Production Milestone

October 4, 2025
Tamboran to acquire Falcon Oil Gas
Asia Pacific

Tamboran to Acquire Falcon Oil & Gas in Australia

October 3, 2025
Subsea Production Systems
America

TechnipFMC Gets Petrobras Subsea Production Systems Deal

October 3, 2025
Next Post

GM Recalling Natural Gas-powered Vans Due to Possible Leak

LatestNews

U.S. Crude Oil Exports
Downstream

U.S. Crude Oil Exports Hit Highest Mark Since February 2024

October 6, 2025
Natural Gas to China at Lower Prices
Downstream

Russia Indicates Natural Gas to China at Lower Prices

October 4, 2025
First Oil Production
News

U.S. Gulf Achieves First Oil Production Milestone

October 4, 2025
Tamboran to acquire Falcon Oil Gas
Asia Pacific

Tamboran to Acquire Falcon Oil & Gas in Australia

October 3, 2025
Subsea Production Systems
America

TechnipFMC Gets Petrobras Subsea Production Systems Deal

October 3, 2025
Energy Security of the UK
Gases

£830mn Gas Storage Project for Energy Security of the UK

September 29, 2025

About Us

Oil & Gas Advancement is a specialized platform delivering latest news and industry insights for the global oil and gas sector. Featuring market intelligence, expert opinions, events and updates, it serves as a trusted and strategic resource for industry stakeholders navigating energy transitions.

Subscribe Us

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack

System

  • Search
  • Site Map
  • RSS Feed
  • Upstream
  • Pipelines & Transport
  • Downstream

© 2025 Copyright Valuemediaservices 2025 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Whitepapers
  • Press Releases
  • Market Reports
  • Events
  • Contact Us

© 2025 Copyright Valuemediaservices 2025 All rights reserved.