Wärtsilä signs a contract to supply LNG terminal

Wärtsilä Corporation, Press release, 4 October 2017 at 12:00 pm EEST

The technology group Wärtsilä today announced it has been awarded a turn-key contract with Hamina LNG Oy to supply a liquefied natural gas (LNG) receiving terminal to be built in Hamina, Finland.

The scope includes site filling, soil refurbishment, civil works, infrastructure, full containment storage tank with a combined net volume of 30 000 m3, regasification and gas metering, BOG (boil-off gas handling) system, electrical and control system, unloading, loading system and bunkering and truck loading. The LNG terminal is scheduled to be operational in August 2020.

The port of Hamina will be the first LNG receiving terminal in Finland connected to Finnish gas grid, offering security of supply to gas customers. When the terminal is operational, LNG can be delivered very quickly also to major harbours in Finland by using trucks.

"We wanted to create a terminal infrastructure which would provide bunkering for vessels as well as diversify the country's sources of gas supply. Wärtsilä's technology fits our need, and they have the best local knowledge and experience as an EPC provider in harsh weather conditions. Wärtsilä offered us full EPC capabilities as well as a unique know-how in gas processing," says Peter van Buuren, CEO, Hamina LNG Oy.

"The Hamina project is part of Finland's plans to create a network of medium scale LNG terminals with the aim of offering gas supply to the local industry and LNG for ship bunkering, and ensuring an additional source of gas for Finland. The project will bring a significant reduction in CO2 emissions by providing cleaner fuel for transport and industry. At the same time, the LNG infrastructure will increase the security of supply in Finland with gas grid connection," says Timo Mahlanen, Senior Business Development Manager, Wärtsilä Energy Solutions.

Link to image Caption: The port of Hamina will be the first LNG receiving terminal in Finland connected to Finnish gas grid

For more information, please contact:

Timo Mahlanen Senior Business Development Manager, Europe West Wärtsilä Energy Solutions Tel: +358 40 500 0536 timo.mahlanen@wartsila.com

Kristian Mäkelä Director, Sales & Marketing Wärtsilä Energy Solutions Tel: +358 40 1483565 kristian.makela@wartsila.com

Wärtsilä Energy Solutions in brief Wärtsilä Energy Solutions is a leading global energy system integrator offering a broad range of environmentally sound solutions. Our offering includes ultra-flexible internal combustion engine based power plants, utility-scale solar PV power plants, energy storage & integration solutions, as well as LNG terminals and distribution systems. The flexible and efficient Wärtsilä solutions provide customers with superior value and enable a transition to a more sustainable and modern energy system. As of 2017, Wärtsilä has 65 GW of installed power plant capacity in 177 countries around the world. https://www.smartpowergeneration.com/

Wärtsilä LNG solutions Wärtsilä offers an extensive range of LNG-related products and solutions for both onshore and offshore markets. We can deliver everything from selected products to complete turnkey solutions as a global EPC (Engineering & Procurement & Construction) contractor. Our global service network provides operation & maintenance support to ensure reliable operations and optimised performance of LNG installations. By developing and delivering LNG infrastructure projects, Wärtsilä contributes to a cleaner and more sustainable energy infrastructure.

Key products and solutions:

- Multi-fuel combustion engines and LNG fuel systems for power plants and vessels - Mini to small-scale LNG or LBG liquefaction plants - Small to medium-scale LNG receiving & distribution terminals - Regasification and re-liquefaction systems - Automation and process design of LNG and gas systems https://www.wartsila.com/energy/lng-infrastructure

Wärtsilä in brief: Wärtsilä is a global leader in advanced technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2016, Wärtsilä's net sales totalled EUR 4.8 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 70 countries around the world. Wärtsilä is listed on Nasdaq Helsinki. https://www.wartsila.com/