Public consultation on terms of use of Finland's LNG terminal began on Friday

TALLINN – On Friday, Oct. 21, a joint consultation on the standard contractual clauses for the use of the liquefied natural gas (LNG) terminal, submitted for approval by Floating LNG Terminal Finland OY, began under the leadership of the Estonian Competition Authority and the Energy Authority of Finland.

The public consultation will last until Nov. 11, the Estonian Competition Authority announced on Monday.

Two weeks ago, Estonia's Minister of Economic Affairs and Infrastructure Riina Sikkut and Finnish Minister of Economic Affairs Mika Lintila made a decision in principle that the LNG terminal vessel that is slated to supply both Estonia and Finland with LNG will arrive in Finland by the end of the year. The ministers said that with the rules to be established for the use of the terminal, priority will be given to servicing gas consumers in Estonia and Finland.

The director general of the the Estonian Competition Authority, Evelin Parn-Lee, has noted that such granting of preference would be rather problematic from the point of view of competition law, but also when it comes to the European Union rules on the internal market.