Application of EU Access Regime to LNG Terminals in Finland
Article from: OGEL 4 (2017), in Liquefied Natural Gas (LNG)
Finland has been identified as one of the countries in the EU with the lowest rates of flexibility in the gas system. For over 40 years the natural gas consumed in Finland has been imported through pipeline connections from Russia. The gas import dependency on a single supplier and no connection to another EU Member State’s interconnecting system has left Finland in an isolated position, allowing the country to derogate from the obligation to liberalise the natural gas market. The Government Proposal for the reformed Natural Gas Market Act, drafted to comply with EU’s common ...