The twocountries have signed a memorandum of understanding, together with terminal andpipeline developers Gasum of Finland and Estonia’s Vorguteenus and AlexelaEnergia, paving the way for feasibility study work to start on the project.

The intentof the MoU is for “co-operation between the Estonian and Finnish LNG terminaldevelopers to build liquefied natural gas terminals on both sides of the Gulfof Finland”, the Estonian Economy Ministry said in a statement.

Thecompanies