Vitol announced the delivery of the first LNG cargo to ever arrive in Finland. The tanker, which can hold 174,062 m3 of liquefied natural gas (LNG) was loaded at Venture Global’s Calcasieu Pass LNG export terminal and arrived at the new Inkoo terminal in Finland.
“Venture Global is proud to continue our support of a strong and secure Europe through the delivery of LNG to the newly installed Inkoo import terminal in Finland,” said Mike Sabel, CEO of Venture Global LNG. “Throughout this energy crisis, our allies in Finland have moved expeditiously to position new infrastructure that will allow their country to support the energy security of the Finnish people as well as the broader Baltic region. We congratulate Finland’s government and industry for this major accomplishment and are honored to supply their first cargo of LNG from Calcasieu Pass.”
“Vitol is delighted to deliver the first LNG cargo to Elenger via Finland’s Inkoo terminal,” said Pablo Galante Escobar, Head of LNG & European Gas and Power, Vitol. “The opening of the terminal will enhance energy security in Finland and the Baltic region, facilitating the flow of LNG from around the world to European industry and consumers.”
About Venture Global LNG
Venture Global is a long-term, low-cost provider of U.S. LNG sourced from resource rich North American natural gas basins. Venture Global’s first facility, Calcasieu Pass, commenced producing LNG in January 2022. The company is also constructing or developing an additional 60 MTPA of production capacity in Louisiana to provide clean, affordable energy to the world. The company is developing Carbon Capture and Sequestration (CCS) projects at each of its LNG facilities.
About Vitol
Vitol is a leader in the energy sector with a presence across the spectrum: from oil through to power, renewables and carbon. It trades 7.6 million barrels per day of crude oil and products, and charters circa 6,200 ship voyages every year.
Vitol’s clients include national oil companies, multinationals, leading industrial companies and utilities. Founded in Rotterdam in 1966, today Vitol serves clients from some 40 offices worldwide and is invested in energy assets globally including: 16 m m3 of storage globally, 500 k b/d of refining capacity, over 6,800 service stations and a growing portfolio of transitional and renewable energy assets.