Balticconnector

1/1/2019
Project development

€ 250 million

$ 277.844 million

Announced

1/1/2019


Overview:

  • Balticconnector
  • Balticconnector is a bi-directional natural gas pipeline under construction between Ingå, Finland and Paldiski, Estonia. It will connect Estonian and Finnish gas grids and assists ensuring security of gas supply in the region for both sides of the Gulf of Finland.
  • It is expected to go into operation at the beginning of 2020, when the joint gas market of Finland, Estonia, and Latvia will launch. 
  • The construction costs of the pipeline are approximately €250 million.

Prin Shasiharan - Researcher

Jurisdictions:

Finland
Estonia

Deal type:

Project development

Practice area:

Project development

Industry sector:

Energy


Firm:

Party: Balticconnector (Project developer)

Lawyer: Toni Siimes