Port of Tallinn approves LNG terminal plan (1)
The supervisory board of state-owned Port of Tallinn approved plans to build a LNG (liquefied natural gas) terminal in Muuga port, one of a number of ports it operates.
The terminal is expected to cost around 20 million euros, the company said. The initial plan sees construction of the terminal complete at the beginning of 2017.
Port of Tallinn, Elering, which owes close to 100 percent of the nation's gas network and AS Vopak E.O.S. signed a letter of intent already in 2012 and now the three will cooperate in the project.
The first stage will see construction of a 4,000-square-meter storage and deposit facility. Storage facilities will be enlarged in the second stage, and a connection to the national gas network built.