Gasgrid says Finnish gas demand jumps in early 2026

Finland’s gas system and LNG terminal operator, Gasgrid, said that the country's gas consumption in January this year was at its highest level since December 2021, driven by cold weather.

Gasgrid said on Friday that gas plays an important role in energy production during cold weather.

Without gas-fired, decentralized electricity production, electricity prices would have been higher than they actually were, according to the firm.

In January 2026, daily gas consumption in Finland averaged 70–80 gigawatt-hours, and on several days it exceeded 100 gigawatt-hours.

Gagrid noted that 100 gigawatt hours of energy corresponds to the annual heating energy of approximately 10,000 district-heated apartment buildings.

Moreover, a total of approximately 2.5 terawatt-hours (2,500 GWh) of gas was used in January, with the highest daily consumption reaching approximately 120 gigawatt-hours.

Gasgrid’s highest monthly gas consumption in its history was in January 2021, when 3.8 terawatt hours of gas were consumed.

Most of Finland’s gas is used for industrial and energy production.

In January, gas was used most in the energy production segment, where cold and low-wind weather created demand for gas, Gasgrid said.

Image: Gasgrid

Inkoo LNG terminal

Mika Myotyri, who is responsible for gas markets and customers at Gasgrid, said that most of Finland’s demand for gas in January was met by gas imported from the Baltic region through the Balticconnector undersea pipeline between Finland and Estonia, and the pipeline’s capacity was fully utilized.

The rest of Finland’s gas demand was covered by the LNG terminals in Inkoo and Hamina.

“The Inkoo LNG terminal has been a key import route for ensuring gas imports that meet market demand and Finland’s security of supply and maintenance,” Myotyri said.

Excelerate Energy’s 150,900-cbm FSRU Exemplar, which serves the Inkoo terminal under a charter deal, has a regasification capacity of more than 5 bcm per year.

It arrived in Inkoo in December 2022.

Gasgrid’s Finnish gas transmission network connects two LNG terminals and five biogas plants and is linked to the Balticconnector offshore pipeline, which enables gas transmission between Finland and Estonia.

Most Popular

Top 5 news of the week July 6-12

LNG Prime brings you the five most popular news stories on our platform during the week of July 6-12, 2026.
spot_img

More News Like This

Elenger to receive five LNG cargoes via Finland and Lithuania

Elenger, a unit of Estonian investment firm Infortar, will receive five liquefied natural gas (LNG) cargoes via Finnish and Lithuanian FSRU-based facilities this spring as part of its preparations for the next heating season.

Gasgrid says two Inkoo regas slots booked for 2027

Firms have booked two regasification slots at the Inkoo FSRU-based terminal for 2027 following the completion of the long-term allocation procedure, according to Finland’s gas system and LNG terminal operator Gasgrid.

Latvenergo to receive LNG via Finland’s FSRU

Latvia’s energy firm Latvenergo said it had signed deals to receive liquefied natural gas (LNG) cargoes via Gasgrid's FSRU-based LNG import terminal in Finland's Inkoo.

Copenhagen Infrastructure Partners takes FID on Finnish bio-LNG plant

Copenhagen Infrastructure Partners has taken a final investment decision on a bio-LNG plant in Finland.