Gasgrid Finland

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|

Gasgrid Finland| Add a Photo

Type

| Private
Industry| Gas Transmission System Operator
Founded| January 1, 2020; 5 years ago (2020-01-01)
Headquarters|

Finland

Europe

Products| Gas transmission operations
Website| www.gasum.com

Gasgrid Finland is the Finnish state-owned[1] gas transmission system operator (TSO). The EU Directive 2009/73/EC, and the Natural Gas Market Act (in Finnish) require the separation of gas sales and transmission in an open market. On January 1, 2020, the Finnish gas market was opened up for competition. At the same time, Gasgrid Finland Oy assumed the responsibility for gas transmission operations in Finland. The company was unbundled[2] from Gasum, a state-majority-owned gas importer, producer, and seller. The ownership steering of Gasgrid Finland Oy is located at the Ministry of Finance (Finland)[3]

Gasgrid Finland owns and operates the Finnish gas transmission system spreading across Southern Finland. There are two cross-border points to the network: One in Imatra, used for importing Russian natural gas into Finland, and one in Ingå, where the Balticconnector pipeline connects the Finnish and Estonian gas grids. The Hamina LNG terminal will also be connected to the Finnish gas grid in 2021. In addition, relatively small amounts of biogas is injected to the grid, and the future potential of e.g. clean synthetic gas, hydrogen and various gas-mixes are under consideration[4].

Gasgrid Finland is a member of the European Network of Transmission System Operators for Gas (ENTSOG).

## References[edit]

1. ↑ "State majority-owned companies - Prime Minister's Office". Valtioneuvoston kanslia. Retrieved 2021-01-18.
2. ↑ "Finnish pipeline gas market now open and Gasgrid Finland begins operations". Bioenergy International. 2020-01-01. Retrieved 2021-01-18.
3. ↑ "State shareholdings and parliamentary authorisations - Prime Minister's Office". Valtioneuvoston kanslia. Retrieved 2021-01-18.
4. ↑ "The CEO of Gasgrid Finland Olli Sipilä on finding the future of gas". Vaisala. Retrieved 2021-01-18.

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