Neste Corporation, Press Release, 14 February 2023 at 8.00 a.m. (EET)
Photo: LNG floating terminal vessel Exemplar arrived in Inkoo, Finland on 28 December 2022. Source: Gasgrid Finland Oy
Neste's Engineering Solutions, a global solution provider of high-quality technology, engineering and project services, has completed the construction work of the 2.2 km long gas transmission pipeline from the port of the liquefied natural gas (LNG) floating terminal vessel in Inkoo Finland deep harbor area, to answer the needs of our long-term partner Gasgrid Finland. Gasgrid Finland has implemented the floating storage and regasification unit (FSRU) project to secure the supply of gas to industry, energy production and households as well as to safeguard Finland’s security of supply from winter 2023 onwards.
The FSRU project pipeline part included Engineering, Procurement and Construction Management (EPCM) services of the gas transmission pipeline and equipment needed to connect the FSRU to the main Finnish gas transmission network. Work began in June 2022 and most of the demanding work for this highly critical project was finalized during 2022. The EPCM work was executed well within schedule. The first natural gas molecules from the LNG floating terminal vessel were transmitted via the pipeline on the 29th of December 2022.
”We are proud to have been part of such a critical project and happy that our extensive knowledge in natural gas infrastructure and LNG terminals proved very useful,” says Patrick von Essen, Senior Vice President, Engineering Solutions at Neste.
”The project has been a success. Thanks to the committed and experienced professionals we were able to engineer, construct and commission the new port structures and gas network connection in record time. The Inkoo LNG floating terminal project is an excellent example of teamwork between different parties at its best. Now that our LNG floating terminal is ready, it also improves the security of supply for Finnish society,” says Esa Hallivuori, Senior Vice President, Transmission Business at Gasgrid Finland Oy.
The gas transmission pipeline EPCM work was coordinated together with Gasgrid Finland and Ramboll Finland Oy, which was responsible for the port structures. Neste's Engineering Solutions’ scope included detailed design, procurement of materials with expedition, contracting and construction management for the gas transmission pipeline, civil works and integration to the existing infrastructure. The project also included assistance in procurement of critical equipment, such as the gas unloading arm, not belonging to the traditional pipeline design scope.
Vice President, Communications
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Neste in brief
Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. We refine waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. We are the world’s leading producer of sustainable aviation fuel and renewable diesel and developing chemical recycling to combat the plastic waste challenge. We aim at helping customers to reduce their greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. Our ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. We are introducing renewable and recycled raw materials such as liquefied waste plastic as refinery raw materials. We have committed to reaching carbon-neutral production by 2035, and we will reduce the carbon emission intensity of sold products by 50% by 2040. We also have set high standards for biodiversity, human rights and supply chain. We have consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the world’s most sustainable companies. In 2022, Neste's revenue stood at EUR 25.7 billion. Read more: neste.com
Neste's Engineering Solutions in brief
Neste’s Engineering Solutions is a preferred solution provider specialized in providing a unique combination of high-quality technology, engineering and project management services and solutions for combating climate change and accelerating the shift towards a circular economy in Oil & Gas, Petrochemicals and Bio-industries. We have over 60 years of international experience in technology development and industrial investment projects as well as maintenance and performance improvement projects. Many companies base their success on highly competitive novel process technologies developed by Engineering Solutions. Read more: neste.com/engineeringsolutions
Gasgrid Finland Oy in brief
Gasgrid Finland Oy is a Finnish state-owned company and transmission system operator with system responsibility. We offer our customers safe, reliable and cost-efficient transmission of gases. We actively develop our transmission platform, services and the gas market in a customer-oriented manner to promote the carbon-neutral energy and raw material system of the future. Find out more: www.gasgrid.fi/en/