News

30.03.2026

A new stage begins in the development of the Pakri Peninsula port and the Paldiski LNG terminal

A new stage begins in the development of Pakri Peninsula Port and Paldiski LNG terminalOn March 27, 2026, a transaction was completed, as a result of which Infortar sold its stake in Pakri Peninsula Port OÜ to Nordic Stream Group OÜ.The CEO of Alexela, Marti Hääle, stated that together with Infortar, led by Ain Hanschmidt and Martti Talgre, an extraordinary journey was undertaken in 2022, which has strengthened Estonia's energy security and laid the foundation for the development of the regional gas market. The addition of a new investor creates good conditions for the next stage.“Our goal is to move forward with the introduction of peak load power plants and the existing liquefied natural gas (LNG) infrastructure. The Estonian electricity system clearly shows a lack of controllable capacities. The system must operate stably all the time and electricity must be available to consumers at all times,” said Hääle. “A gas power plant is an important future-proof solution, as it allows for quickly and flexibly covering those moments when other electricity production is not sufficient. This helps to reduce price fluctuations and strengthen supply security throughout the system. We will publicly announce more detailed next steps and the content of the development when the necessary preparations have been made and we are ready to essentially disclose future plans.”According to Angela Rannu, a member of the management board of Nordic Stream Group OÜ, this investment is seen as having great potential and synergy in exporting the production of the LNG terminal, the developing power plant, and the green ammonia plant through Pakri Peninsula Port. “As turbulent times continue in the world, ensuring energy security in Estonia and our neighboring region is of paramount importance. In the context of risk mitigation, the construction of the gas terminal in Paldiski is strategically important. Paldiski is located in a geographically favorable location, serving as Estonia's gateway to Western Europe. It is also noteworthy that it is more than 250 kilometers to the Russian border from here,” explained Rannu.Nordic Stream Group and Alexela see strong partnership with the state in their project. The goal is to put into operation the Paldiski mooring quay owned by the Estonian State Reserves Center to import LNG from the global market to Estonia, as well as to export synthetic fuels produced in Estonia in the future.

06.03.2026

The modernized LPG terminal was opened today at the Port of Riga

The modernized LPG terminal was opened today at the Riga port, strengthening the region's energy supply chainThe infrastructure of the modernized LPG terminal of SIA Latvijas Propāna Gāze was opened at the Riga port, allowing for the reception of large liquefied gas tankers from across the Atlantic and strengthening the liquefied gas supply chain to the Baltic and Eastern European markets.Approximately 10 million euros were invested in the development of the terminal. The company is part of the investor group of the Estonian B2G Group and the international raw material company Trafigura. B2G Group is part of the Estonian capital-based AVH Group, which also includes Alexela: the energy company with the widest range of energy services in Estonia.The modernized infrastructure allows the Riga port to serve large LPG tankers bringing liquefied gas from transatlantic markets. During the official opening, the 180-meter-long tanker CERRO ALTO EXPLORER, carrying 20,000 tons of liquefied propane from the United States, was present at the port.The first shipment from the west arrived in Riga at the end of 2024 from Sweden, and the first ships from the USA arrived in 2025. The modernization of the terminal solidifies Riga's role as an important liquefied gas logistics center, from which deliveries move on to the Baltic States, Scandinavia, and Central and Eastern Europe.Heiti Hääl: Energy security requires diverse supply chainsHeiti Hääl, Chairman of the Board and main shareholder of Latvijas Propāna Gāze: “In recent years, geopolitical changes have shown how important a diverse and reliable energy supply chain is. The modernization of the Riga port terminal enables the import of liquefied gas from Western countries and ensures its supply to the Baltic, Central and Eastern European markets.As an Estonian investor, we have been developing strategic energy projects for more than 30 years. During this time, AVH Group has grown Alexela into one of the companies with the largest energy services portfolios in Estonia, invested in the LNG terminal in Hamina, Finland, and now also in LPG infrastructure in Riga.”As part of the terminal modernization, a 780-meter gas pipeline was built between the deep-water quay and the terminal, along with a modern technological complex for LPG handling and a multi-level automated security system.

07.04.2022

In addition to household customers, the LNG terminal provides opportunities for both industry and heavy transport

The creation of a liquefied natural gas (LNG) terminal will also encourage the transition to sustainable fuel in heavy transport. The LNG terminal would not only be an essential gas network independent of Russia's gas supplies to households and industries connected to the pipeline, but would also create a favourable opportunity for a shift to more environmentally friendly fuels in heavy transport.

16.06.2020

First time in Estonia: A private company started a community programme that allows people to reduce their carbon footprint

A community programme was established last Thursday, 11th of June in the framework of which, in cooperation with forest associations, Alexela will plant a tree for every resident of Estonia. The aim of the programme is to help neutralise the carbon footprint produced by the traffic kilometres created by the people inhabiting Estonia.