- 7th International Conference:Arctic Shelf Development: Step by step
- Arctic Shelf Development: Step by step
Nonprofit organization “Association of Suppliers for Oil and Gas Industry “Murmanshelf” invites you to participate in the 7th International Conference «ARCTIC DEVELOPMENT: STEP BY STEP». The Conference will take place in Murmansk on the 18th – 19th of November, 2014 supported by the Government of the Murmansk Region in the framework of the III Murmansk International Business Week.
Last autumn the Ministry of Employment and the Economy gave a green light for investment in the planned Tornio LNG terminal project. Now that investment has been secured the joint venture partners say they will begin construction of the terminal.
The facility will be delivered by Finnish power systems company Wärtsilä, which will begin construction at the site near the Tornio harbour in January. The estimated completion date for the terminal is 2018.
The construction phase is expected to employ some 260 workers, and the investment has been pegged at around 100 million euros.
Tornio’s Röyttä site will see the construction of a facility for docking large LNG tankers, offloading and bunker stations, gas evaporators and a 50,000 cubic metre reserve storage unit. LNG distribution will also require the construction of a pipeline network in the Röyttä industrial area as well as a loading area for road tankers.
LNG will be transported to customers in northern Finland and northern Sweden using road tankers or trains. The terminal will also be used to deliver LNG by sea in the future.
Information from http://barentsobserver.com/en/