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.

Floating LNG Terminal Finland (FLTF), a unit of state-owned Gasgrid, announced the capacity bookings in a statement last week, but it did not provide further details.

Last month, Gasgrid said that seven regasification slots were booked at the Inkoo FSRU-based terminal for 2026.

FLTF offered a total of 23 terminal slots of 950 GWh each.

However, Gasgrid said in a separate statement last week that it has finalized the scheduling for 2026, reducing the number of slots.

According to Gagrid, the total number of planned slots for the full gas year was reduced from the preliminary amount of 23 to 20 due to expected market demand.

Out of the total amount of 20 slots, 13 spot slots are free for reservations, the firm noted.

“All spot slots reserved before the publication of the last monthly update preceding the quarter during which a scheduled slot is allocated will be considered as part of the joint use concept as described in the terminal rules,” Gasgrid said.

It is worth mentioning here that Latvia’s energy firm Latvenergo recently said it had signed deals to receive LNG cargoes via Gasgrid’s FSRU-based LNG import terminal in Inkoo.

According to Latvenergo, the agreements “significantly” increase the security of supply for Latvenergo and Latvia, as Finland’s infrastructure capabilities complement the Klaipėda LNG terminal in Lithuania, which Latvenergo has used to date.

Latvenergo previously booked 6 TWh per year of the Klaipeda FSRU-based terminal’s capacity for ten years.

At the end of this year, approximately 2 TWh of LNG will be delivered to the Inko FSRU-based terminal, Latvenergo said.

Inkoo FSRU

Gasgrid’s FSRU-based LNG import terminal in Inkoo recently restarted operations following planned maintenance.

Excelerate Energy’s 150,900-cbm FSRU Exemplar left Inkoo in August to Munkebo, Denmark, where the Fayard shipyard is located.

Gagrid announced on September 25 that the FSRU has returned from the yard, saying that operations will resume on September 29.

“The docking went well and ahead of schedule thanks to careful planning and thorough preparation,” the company said.

“During the docking, various inspections were carried out on the ship, its electronic systems were updated, and its recertification for the next five-year period was ensured. The ship also received a new coat of paint. During the ship’s absence, maintenance work was also carried out at the Inkoo terminal area,” Gasgrid said.

The 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.

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