Gasgrid Finland

Gasgrid Finland Oy is a Finnish state-owned natural gas transmission system operator.[1] Gasgrid Finland offers natural gas and biogas transmission services and is responsible for the gas transmission system operations in Finland. The CEO of Gasgrid Finland is Olli Sipilä.[2][3]

Gasgrid Finland Oy
TypeLimited company (Oy)
IndustryOil and gas
PredecessorGasum Oy
Founded1 January 2020 (2020-01-01)
Headquarters
Espoo
,
Finland
Area served
Finland
Key people
Olli Sipilä (CEO)
Kai-Petteri Purhonen (chairman)
ServicesNatural gas transmission
OwnerFinnish Government
Websitegasgrid.fi

Gasgrid Finland assumed the responsibility for gas transmission operations in Finland on 1 January 2020, when the Finnish gas market was opened for competition according to the EU Directive 2009/73/EC and the Finnish Natural Gas Market Act. The company was unbundled from Gasum, a state-majority-owned gas importer, producer, and seller.[4] The ownership steering of Gasgrid Finland is located at the Ministry of Finance.[1]

Gasgrid Finland owns and operates the Finnish gas transmission system across Southern Finland. Gas is imported to the Finnish gas grid through two cross-border entry points. The entry point in Imatra is used for importing Russian natural gas into Finland (flowing until 21 May 2022, 06.00 UTC+2),[5] and the entry point in Ingå connects the Finnish and Estonian gas grids via the Balticconnector pipeline. The subsea connection enables a common gas market for Finland, Estonia and Latvia.[6] The Hamina LNG terminal is to 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.[2]

Gasgrid Finland is a member of the European Network of Transmission System Operators for Gas. Together with 22 other transmission system operators, Gasgrid Finland has also joined the European Hydrogen Backbone initiative.[7]

References
  1. "State shareholdings and parliamentary authorisations". Prime Minister's Office. 5 July 2021. Retrieved 12 July 2021.
  2. "The CEO of Gasgrid Finland Olli Sipilä on finding the future of gas". Vaisala. 8 April 2020. Retrieved 18 January 2021.
  3. Nuotio, Tanja (1 June 2020). "Jo kolmannes maakaasusta tulee Suomeen Baltian suunnasta uutta merenalaista kaasuputkea pitkin – "Markkinan avaus lähti käyntiin onnistuneesti"" [Already a third of natural gas comes to Finland from the Baltic via a new submarine gas pipeline – "Market opening started successfully"]. Aamulehti. Retrieved 12 July 2021.
  4. "Finnish pipeline gas market now open and Gasgrid Finland begins operations". Bioenergy International. 1 January 2020. Retrieved 18 January 2021.
  5. "Finnland bekommt kein Gas mehr aus Russland". 21 May 2022.
  6. "Common gas market for Finland, Estonia and Latvia launches". ERR. 2 January 2020. Retrieved 6 July 2021.
  7. Corner, Elizabeth (21 June 2021). "Snam, OGE and Terega on their current Hydrogen initiatives". World Pipelines. Retrieved 7 July 2021.
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