Reuters: Finland, Estonia postpone LNG plants plan, stick with Russian supply

Plans to build a regional liquefied natural gas (LNG) import terminal in Finland will be postponed indefinitely, officials at the country's economy ministry said on Wednesday.

That means Russia will remain Finland's sole natural gas supplier, at time when others in the European Union are seeking to cut that reliance over the supply uncertainty created by the crisis in Ukraine.

"It is regrettable that... the regional LNG solution will be postponed," Esa Harmala, senior official at Finland's economy ministry told Reuters.

Finland and Estonia have been negotiating a plan with the European Commission to building two separate LNG terminals, connected by a pipeline across the Gulf of Finland.
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