Finland's FSRU arrives at Inkoo port to replace Russian gas

(Reuters) - The floating storage and regasification unit (FSRU) Exemplar, chartered by Finland to help replace Russian gas, arrived at Inkoo port west of Helsinki on Wednesday, Gasgrid Finland said.

Finland has agreed a 10-year charter for the FSRU that will serve both its domestic and the Baltic market, providing access to gas imports as Europe grapples with an energy crisis.

Finland chartered the vessel to replace supplies it earlier imported from Russia, while it also managed to cut its August-November gas consumption by more than 50% in comparison with previous years.

The decline in Finnish gas consumption was the biggest percentage drop among European Union countries, Eurostat data showed.

The Exemplar, which arrived fully loaded, has the capacity to store 150,900 cubic meters of LNG, according to owners Excelerate Energy.

Gasgrid plans to receive up to three LNG cargos per month for regasification by the FSRU.

(Reporting by Anne Kauranen, editing by Terje Solsvik)

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