Identification of Cost- and Time-Efficient LNG Transportation Methods from the US to Finland in the Existing Political and Economic Situation

Abstract

The thesis was focused on the analysis of the global LNG market and description of the existing situation on the US and Finnish domestic LNG markets.

The main objectives were to examine the present situation on both markets and to find the most efficient way to deliver LNG from the US to Finland. The theoretical framework was completed by researching literature that is related to the chosen topic. The empirical part is based on analyzing the information from the theoretical research and calculating the potential expenditures of different possible delivery routes. After that, the expenditures were compared, and it was discerned that the most theoretically efficient way of LNG transportation from the US to Finland is the delivery by LNG tanker to the LNG terminal with the following transportation to the end customers using pipe-line transport.

Considering the fact that for both countries that were studied in this thesis external LNG activity is a new and rapidly growing field of action, this thesis is a good source of information for companies that are going to enter the markets of LNG trade or transportation.