Port of Tallinn eyes LNG terminal in Paldiski

Port of Tallinn eyes LNG terminal in Paldiski

Estonia’s Port of Tallinn (Tallinna Sadam) and AS Alexela Invest have signed a memorandum of understanding to jointly working on the possibility of the development of an LNG terminal to serve LNG tankers and bunkering, and establishing port facilities for loading and unloading LNG on the Pakri peninsula by the Lahepere bay in Paldiski.

Under the MOU, Tallinna Sadam and Alexela will continue to negotiate the conditions for joint activities with the aim of reaching an official agreement on the project by the end of 2020.

The responsibility of Tallinna Sadam in participating in the Paldiski LNG terminal project would be the development and maintenance of the necessary port facilities and Alexela would be responsible for the establishment and operation of the terminal.

Tallinna Sadam is a major port in the Baltic Sea region, which completed a cargo throughput of 19.2m tons in 2017.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

Related Posts