Wärtsilä has been awarded a turnkey contract by Manga LNG Oy, a joint venture between Outokumpu Group, Ruukki Metals Oy, Gasum Oy and EPV Energy, for a liquefied natural gas (LNG) receiving terminal in Tornio, northern Finland.

The €100m contract is conditional on the receipt of investment support and Manga LNG Oy’s contracts with other parties, including gas suppliers.

Outokumpu Tornio steel mill will be the main user of natural gas from the terminal, which will also serve other industries, mines, and potential gas consumers in the region.

The terminal will also supply LNG to ships, such as a new icebreaker that is planned to operate in the Tornio and Bay of Bothnia region.

Manga LNG Oy board chairman Pekka Erkkilä said that the Tornio Manga LNG terminal is a long-term infrastructure investment programme.

"The beneficiaries include shipping and road transportation companies, power and heat utilities, and other industrial and mining companies in northern Europe," Erkkilä added.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Wärtsilä Power Plants president Vesa Riihimäki said that the terminal will enable clean and competitively priced fuel to be available for industrial consumers in the Bay of Bothnia region.

"This is a large and extremely important project, and we see the selection of Wärtsilä Power Plants to engineer, supply, and construct the new LNG receiving terminal as an acknowledgement of our expertise and experience in engineering, procurement and construction (EPC) project execution, in LNG handling systems, and in the use of LNG as fuels," Riihimäki added.

Wärtsilä is combining its strong power plants EPC capability with its industry leading LNG gas handling technology for the first time with the contract.

Nri