Finnish natural gas market

The Finnish natural gas market was opened to competition on January 1, 2020. Current Natural Gas Market Act has been in force since the beginning of 2018. With this law, the transmission and sales operations of the monopoly company Gasum Oy have been separated into companies with different ownership structures. Since the beginning of 2020, the transmission network company Gasgrid Finland Oy has been responsible for gas transmission in Finland. Gas import and the gas market have been opened to competition.

There is no natural gas production in Finland. Liquified natural gas (LNG) is imported to Finland by ship. Fairly small amounts of biogas produced in Finland are supplied into the natural gas network. 

The gas pipeline connecting Finland to Estonia, Balticconnector, was opened at the end of 2019. Through the pipeline, Finnish gas users can purchase gas from the Baltic region as well as imported liquefied natural gas (LNG) from the Klaipėda gas terminal.