Wärtsilä to supply LNG satellite terminal to Raahe, Finland

Wärtsilä to supply LNG satellite terminal to Raahe, Finland

ID: 492164

(Thomson Reuters ONE) -


Wärtsilä Corporation, Press release, 1 September 2016 at 10 am EET

Wärtsilä has signed a turnkey contract to supply a liquefied natural gas (LNG)
receiving terminal to be built in Raahe, Finland. An EPCI (engineering,
procurement, construction and installation) contract has been signed with energy
company, Raahen Voima. The scope includes two LNG vacuum insulated storage tanks
with a combined net volume of 1400 m3, an LNG regasification system, truck
loading and unloading functions, and all required civil structures. The LNG
terminal is scheduled to be operational in April 2018. The LNG will be supplied
to Raahe by trucks from Wärtsilä's first LNG terminal installation, the Tornio
Manga facility in Finnish Lapland.

The main user for the natural gas from the terminal will be the SSAB Raahe steel
mill. By using LNG to generate power and heat to the mill, SSAB will be able to
move to cleaner energy production. As a result of switching to LNG, the steel
mill will notably reduce its CO2, NOx and SOx footprint.

"We wanted a modern LNG-terminal that utilizes reliable technology. Wärtsilä's
technology fits our need and they have experience as an EPC provider," says
Pekka Inkala, CEO, Raahen Voima.

"We are excited to be chosen as the EPC contractor for this LNG project. LNG not
only provides a reliable source of fuel, but also allows customers to produce
their products with a smaller impact on the environment," says Timo Mahlanen,
Senior Business Development Manager, Wärtsilä Energy Solutions.

Image: illustration of the Raahe LNG terminal



For further information, please contact:

Timo Mahlanen
Senior Business Development Manager
Wärtsilä Energy Solutions
Tel: +358 40 500 0536
timo.mahlanen(at)wartsila.com

Jukka-Pekka Niemi
General Manager, Marketing




Wärtsilä Energy Solutions
Tel: +358 50 465 2805
jukka-pekka.niemi(at)wartsila.com



Wärtsilä Energy Solutions in brief
Wärtsilä Energy Solutions is a leading global supplier of ultra-flexible power
plants of up to 600 MW operating on various gaseous and liquid fuels. Our
portfolio includes unique solutions for baseload, peaking, reserve and load-
following power generation, as well as for balancing intermittent renewable
energy. Wärtsilä Energy Solutions also provides utility-scale solar PV power
plants, as well as LNG terminals and distribution systems. As of 2016, Wärtsilä
has 60 GW of installed power plant capacity in 176 countries around the world.
www.smartpowergeneration.com

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 2015, Wärtsilä's net sales totalled EUR 5 billion with approximately 18,800
employees. The company has operations in over 200 locations in more than 70
countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Wärtsilä Oyj Abp via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 01.09.2016 - 09:00 Uhr
Sprache: Deutsch
News-ID 492164
Anzahl Zeichen: 3830

contact information:
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Helsinki



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Business News



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"Wärtsilä to supply LNG satellite terminal to Raahe, Finland"
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Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

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