The Board of the port of Tallinn has approved 200 million euros investments (around 690 million litas).

The money will be allocated to three major projects.

At the first stage, Estonians will build a 300-thousand-ton capacity LNG terminal, and at the second phase, they will build a 800-thousand-ton annual capacity LNG terminal at Muga. The construction of this terminal caught Shell company’s interest in 2010.

The company Vopak E.O.S plans to significantly expand the oil terminal in the port of Muga. The construction of new reservoirs is planned to expand the oil products adoption fleet by 400 thousand cubic meters. Vopak E.O.S currently owns three terminals in the port of Muga: Pakterminal, Trendgate, and Termoil. They store 75 tanks. Their total storing capacity is 951 thousand cubic meters. The port uses 7 quays whose depth ranges from 6.2 to 18 meters.

The port of Muga will also have the container terminal expanded. Interestingly, the terminal’s operator tender was won by the Russian company Rail Garant. It plans to load the container terminal of Muga in full capacity.

However, the representatives of Muuga СТ company, which lost the tender, have already declared that Rail Garant has no possibilities to attract new containers to Muga terminal, because the Russian Railways is not going to increase container shipping to the port of Estonia.

Therefore, there are doubts regarding the expediency of container terminal development, which is going to last for at least two years.