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19 November 2021

50th Anniversary of Contract for Russian Gas Supply to Finland

Строительство магистрального газопровода «Ленинград — Выборг — Госграница». Источник: АО «Ленгазспецстрой»

Construction of the trunk pipeline «Leningrad — Vyborg — State Border». Source: JSC «Lengazspetsstroi»

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Today, we celebrate the 50th anniversary of contract for supplying Russian natural gas to Finland. It was signed on November 19, 1971. Natural gas supplies via the Leningrad — Vyborg — State Border gas pipeline began in 1974 and marked the beginning of the use of this ecological fuel in the energy system of Finland.

The Republic of Finland has become the third country in Western Europe to receive Russian natural gas. For half a century of the cooperation, about 130 billion cubic meters of gas has been imported to Finland.

“Today, we celebrate the fiftieth anniversary of the first export contract for gas supplies to Finland. We highly appreciate the results of many years of cooperation, which has made an important contribution to the development of close economic cooperation between our countries, " said Elena Burmistrova, Deputy Chairman of the Gazprom Management Committee and Director General of Gazprom Export  

“We are pleased and honoured to have this long-term natural gas supply agreement with Gazprom. Natural gas plays an important role in the transition to a cleaner energy future. Our fruitful partnership with Gazprom aligns our aim to fullfill our customer needs, while at the same time reducing emissions. Natural gas offers long-term solutions to decarbonization with a longer aim, " said Kai Laitinen, Interim CEO of Gasum. 

 

Background

On November 19, 1971, Soyuznefteexport and Neste Oy (transformed into Fortum in 1998) signed a contract for supplying Russian natural gas to Finland.

Gas supplies to Finnish consumers began in 1974 via the Leningrad — Vyborg — State Border gas pipeline. Their further development was connected with the expansion of the gas transmission system, in particular with the commissioning the Gryazovets — Leningrad - I and Gryazovets — Leningrad - II gas pipelines, and the second line of the Leningrad - Vyborg - State Border gas pipeline.

In 1994, the cooperation between Gazprom and Fortum resulted into the establishment of the joint-stock company Gasum which continued the import and sales of natural gas as well as operating and developing Finland’s gas transmission system. In 2016, Gazprom sold its stake in Gasum. As of beginning of 2020, the Finnish transmission system was unbundled from the activities of Gasum into a separate entity, Gasgrid Finland.

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