FINLAND, September 6, 2017 - After purchasing natural gas from Russia for more than 40 years, Finland will open its market to diversification in 2020. That’s when the country’s Natural Gas Market Act takes effect along with the projected completion of the Balticconnector pipeline, connecting Finland to the Baltic States’ gas networks. The government hopes the switch will allow for new business opportunities and make it easier for new suppliers to enter the market. Finland aims to create a more competitive natural gas market by deregulating wholesale and retail sales and distribution rules. The change is part of the legislative package passed by Parliament this summer.
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