LNG provider Skangass is set to build the new import terminal for LNG at the Tahkoluoto port of Pori on the south-western coast of Finland.
The company has received a positive investment support decision from the Finnish Ministry of Employment and the Economy for the project.
The Finnish Government will provide NOK185m ($28.7m) for the project, which is due to be completed in 2016.
Once completed, the LNG terminal will have a capacity of 30,000m³ and will serve the entire western coast of Finland from Hanko to Kokkola.
The company has already chosen the main contractor and suppliers for the project.
Skangass sales and marketing director Tommy Mattila said: "It is highly important that the Pori terminal is completed on schedule and that we can launch deliveries to our existing and new customers.
"Interest in LNG is found among industrial, shipping and heavy-duty land transport customers."
Construction of the terminal is expected to provide 250 full-time jobs, while around ten direct and 50 indirect jobs will be created after the completion of work.
This will be Skangass’ third LNG terminal within the Nordic countries, where the company has recently opened a similar terminal in Lysekil, Sweden.
The company also has plans to build an efficient LNG logistics chain in the Pori area.
Image: An illustration of Pori LNG terminal. Photo: courtesy of Skangass AS.