Finland, Estonia eye floating LNG terminal to ensure supply

HELSINKI (AP) — Finland and Estonia say they are jointly planning to rent a floating liquefied natural gas, or LNG, terminal to ensure gas supply in the two countries in efforts to break energy dependence on neighboring Russia. Finnish Minister of Economic Affairs Mika Lintila and his Estonian counterpart Taavi Aas said in a statement Thursday that a movable off-shore LNG terminal would offer a quick solution in guaranteeing gas supply in the two European Union members separated by the Baltic Sea. “Due to the war in Ukraine, we must prepare for possible interruptions of gas import” through pipelines from Russia, Lintila said, adding that a floating LNG terminal “is an efficient way to secure gas supply, including in industry.”