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Aleksandr Alekov

Identification of Cost- and Time-efficient LNG


Transportation Methods from the US to Finland
in the Existing Political and Economic Situation

Bachelor’s Thesis
Business Logistics

December 2016
Author (authors) Degree Time
Aleksandr Alekov Bachelor of Business December 2016
Logistics
Thesis Title
Identification of Cost- and Time-Efficient LNG Transportation
Methods from the US to Finland in the Existing Political and
Economic Situation
Commissioned by

Supervisor
Eva-Lisa Kauhanen, Senior Lecturer

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.

Keywords:
natural gas, liquefied natural gas, LNG, US, Finland, import, logistics, transportation