Alexey Miller and Antero Jannes discuss promising areas for Finnish gas market development
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Antero Jannes, CEO of Gasum.
Meeting participants discussed the status of hydrocarbons supply to Finland and considered the promising areas for the Finnish gas market development, including natural gas vehicles.
In the course of negotiations, it was mentioned that for over 15 years Gazprom had not only been exporting gas to Finland in an uninterrupted manner but also making a valuable contribution to the nation's gas industry advancement.
Gasum was established in 1994 as a joint venture between Gazprom and Finnish energy concern Fortum.
Gasum acts as a wholesale trader of natural gas in Finland. It owns and operates a 1,030-kilometer gas grid.
Gasum's ownership structure is as follows: Gazprom – 25 per cent, Fortum – 31 per cent, Government of Finland – 24 per cent and E.ON Ruhrgas AG – 20 per cent.
Gasum and Gazprom signed the gas supply contract in 1994 and extended it through 2025 in January 2005.
In 2009 Finland was supplied with 4.4 billion cubic meters of natural gas.