Hamina Lng Oy
Hamina LNG Oy operates Finland's only onshore LNG terminal connected to the national gas grid at the port of Hamina, providing regulated open-access storage, regasification, bunkering, and truck loading services to gas market participants across Finland and the Baltic markets.
- Company typePrivate
- Founded2015
- HeadquartersHamina, Finland
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Hamina Lng Oy does
Hamina LNG Oy is a Finnish private limited company that operates the only onshore LNG terminal in Finland connected to the national gas grid, located at the port of Hamina in southeastern Finland. The company was established in 2015 as a joint venture between Hamina Energy Ltd (Finland) and Alexela (Estonia), with Wärtsilä joining as terminal equipment supplier and co-owner in 2017. The terminal commenced commercial operations on 6 October 2022 after receiving a €27.7 million investment subsidy from the Finnish state in 2014.
The terminal's core technical infrastructure comprises a 30,000 m3 LNG storage tank, a ship unloading system rated at 2,000 m3/h, LNG bunkering at 1,000 m3/h, two parallel truck loading stations at 150 m3/h, and regasification with grid injection capacity of 250 MW / 6,000 MWh/d / 625,000 nm3/d. It accommodates LNG carriers in the 5,000–500,000 m3 range and provides a new physical entry point into the Finnish and Baltic interconnected gas systems, with road, sea, and rail connectivity to Helsinki, Kotka, and Tallinn.
Hamina LNG operates under a third-party Open Access service model with terminal rules approved by the Finnish Energy Authority, charging usage-based tariffs for storage, unloading, bunkering, truck loading, and regasification services. Capacity is allocated through Open Season processes, monthly regasification auctions, Additional Capacity Allocation rounds, and spot offerings, targeting gas market participants in the Finnish and Baltic gas markets. The company is part of the Hamina Gas Cluster alongside Rohe Solutions Oy (LNG/natural gas sales) and Alexela (global energy purchasing), and it holds ISCC, STANDING, and KL-Menestyjät certifications. As of December 2023, Raul Kade serves as CEO.
Hamina Lng Oy firmographics
Firmographics- Name
- Hamina Lng Oy
- Legal name
- Hamina LNG Oy
- Website
- https://haminalng.fi
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Hamina LNG Oy operates Finland's only onshore LNG terminal connected to the national gas grid at the port of Hamina, providing regulated open-access storage, regasification, bunkering, and truck loading services to gas market participants across Finland and the Baltic markets.
- Ownership category
- akta.pro rank
Hamina Lng Oy industry classification
Industry- Product category
- LNG Terminal Services
- NAICS
- Port and Harbor Operations (48831)
- SIC
- Wholesale-Petroleum Bulk Stations & Terminals (5171)
- akta.pro primary industry
- LNG Import/Export Terminals & Storage (Regas, Peak Shaving, Small-Scale LNG) (EUALAEAD)
- akta.pro secondary industries
- LNG Regasification Terminals (Onshore & FSRU) (EUALAFAB), Marine Terminals & Port Storage (Jetties, Docking, Bunkering Interfaces) (EUALAEAG), LNG Storage Tanks & Terminal Operations (EUAAACAG)
Keywords
Where Hamina Lng Oy is headquartered
LocationHeadquarters
- HQ city
- Hamina
- HQ country
- Finland
- HQ region
- Europe
Offices2 records
Markets served
Hamina Lng Oy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain
Revenue model
- Terminal Services: LNG terminal services including storage, unloading, bunkering, truck loading, and regasification with injection to the national gas grid. Revenue is generated through capacity-based fees for various terminal services as regulated under the Finnish Energy Authority-approved terminal rules.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Multi-year contract | Standard terminal services tariff |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Hamina Lng Oy product offering
Product offeringCore offering
Hamina LNG Oy operates the only onshore LNG terminal in Finland, located at the port of Hamina and connected to the Finnish national gas grid. The company provides third-party open access terminal services including LNG storage (30,000 m3 tank), LNG ship unloading, LNG bunkering, truck loading, and regasification with injection to the national gas grid. Services are offered to market participants in the Finnish and Baltic gas markets through formal Open Season capacity allocation processes, auctions, and spot capacity offerings.
Product overview
Hamina LNG Oy operates as an LNG terminal services provider with a single integrated terminal facility. The company's product offering centers on the Hamina LNG Terminal, the only onshore LNG terminal in Finland connected to the national gas grid. The terminal provides a suite of interconnected services including LNG storage (30,000 m3 tank), ship unloading (2,000 m3/h), LNG bunkering (1,000 m3/h), truck loading (two stations at 150 m3/h), and regasification with grid injection (250 MW / 6,000 MWh/d). As a third-party open access terminal, all clients receive equal rights and transparent conditions.
Differentiator
Problem solved
Functional benefit
Products and services
- Hamina LNG Terminal The main LNG terminal facility located at the port of Hamina in southeastern Finland. It is the only onshore LNG terminal in Finland connected to the national gas grid, providing third-party open access terminal services for LNG storage, unloading, bunkering, truck loading, and regasification.
- LNG Storage Services LNG storage services with a 30,000 m3 storage tank capacity, available as part of the open access terminal offering at the port of Hamina.
- LNG Ship Unloading Services LNG unloading services from vessels at a rate of 2,000 m3/h. Accommodates LNG vessels in the range of 5,000 to 500,000 m3 capacity.
- LNG Bunkering Services LNG bunkering services at a rate of 1,000 m3/h for ships, providing vessel fuel supply at the port of Hamina.
- Truck Loading Services Truck loading services with two parallel loading stations at a capacity of 150 m3/h, enabling distribution of LNG via road transport.
- Regasification and Grid Injection Services LNG vaporization and injection to the national gas grid with injection capacity of 250 MW power / 6,000 MWh/d / 625,000 nm3/d, providing a new physical entry point to Finnish and Baltic interconnected gas systems.
Quantifiable outcome
- New physical entry point to Finnish and Baltic interconnected gas systems
- +1 more outcomes
Companies that use Hamina Lng Oy
Customer profileSegments1 record
Ideal customer profiles1 record
Hamina Lng Oy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Hamina Lng Oy partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- WärtsiläcoreFinnish technology company and joint venture partner in Hamina LNG Oy. Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the energy and marine markets. Selected as the supplier of the terminal equipment.
- AlexelacoreEstonian energy company and joint venture partner in Hamina LNG Oy. Alexela focuses on eco-friendly initiatives, customer-tailored energy services, biomethane production, solar and wind farm construction, and operates gas stations, convenience stores, and charging stations. Part of the Hamina Gas Cluster providing global energy purchasing.
- Rohe Solutions OyminorPart of the Hamina Gas Cluster. Provides LNG and natural gas sales and LNG-based energy solutions and services. Together with Hamina LNG and Alexela, forms an ecosystem providing all gas-based energy services.
- Hamina Energy LtdcoreOriginal project developer that initiated project development in 2012 and established Hamina LNG Oy in 2015 along with Alexela. Hamina Energy Ltd is the Finnish parent company behind the project.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Hamina Lng Oy competitors and assessment
Company assessmentMarket position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key highlights6 records
Customer concentration
Hamina Lng Oy social profiles
Digital presenceHamina Lng Oy compliance and trust
Trust signalCompliance2 records
Hamina Lng Oy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hamina Lng Oy leadership team
Management profileNumber of profiles
Profiles6 records
Hamina Lng Oy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hamina Lng Oy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hamina Lng Oy
What does Hamina Lng Oy do?
Hamina LNG Oy operates the only onshore LNG terminal in Finland, located at the port of Hamina and connected to the Finnish national gas grid. The company provides third-party open access terminal services including LNG storage (30,000 m3 tank), LNG ship unloading, LNG bunkering, truck loading, and regasification with injection to the national gas grid. Services are offered to market participants in the Finnish and Baltic gas markets through formal Open Season capacity allocation processes, auctions, and spot capacity offerings.
Is Hamina Lng Oy a public or private company?
Hamina Lng Oy is a private company. It is classified as corporate owned and is currently operating.
When was Hamina Lng Oy founded?
Hamina Lng Oy was founded in 2015. It employs 1 to 10 people.
Where is Hamina Lng Oy based?
Hamina Lng Oy is headquartered in Hamina, Finland, in the Europe region.
How does Hamina Lng Oy make money?
One revenue line is on record: terminal Services.
Does Hamina Lng Oy have an API?
No public API is recorded for Hamina Lng Oy.
What industry is Hamina Lng Oy in?
Hamina Lng Oy's product category is LNG Terminal Services. Its primary akta.pro industry code is EUALAEAD, LNG Import/Export Terminals & Storage (Regas, Peak Shaving, Small-Scale LNG), with a secondary code of EUALAFAB, LNG Regasification Terminals (Onshore & FSRU). Its NAICS code is 48831 and its SIC code is 5171.