Floating LNG Terminal Finland Oy (“FLTF”) (a 100% subsidiary of Gasgrid Finland Oy) is currently in process of arranging the Floating Storage and Regasification Unit (FSRU) to Inkoo, Finland or Paldiski, Estonia. FLTF believes that commercial operations can start in January 2023, subject to a successful completion and start-up of the FSRU.

The current estimate is that FLTF can offer two terminal slots of approximately 1 TWh each in January and thereafter 2 to 3 slots per month. Each terminal slot is between 10 to 15 days. During a slot terminal user is allowed to import LNG cargo into the terminal and regasify that LNG into the transmission system. The maximum regasification rate of the terminal into the transmission system is 140 GWh/d and the minimum 60 GWh/d.

In order to plan for the terminal usage, we are asking potential terminal users to indicate their capacity requirements for Q1 to Q3 2023.

Kindly indicate your capacity requirements by gas quarter as terminal slot amounts. Also state your opinion if FLTF should apply the joint use concept during these three quarters of 2023. The joint use concept would guarantee terminal users stable gas availability by allowing users to lend and borrow gas or LNG to and from each other.

Please send your indicative capacity requirement to mika.myotyri@gasgrid.fi no later than 17 October 2022. Kindly use following format:

Q1/2023           XXX slots

Q2/2023           XXX slots

Q3/2023           XXX slots

For any inquiries, please contact mika.myotyri@gasgrid.fi.