Austria, Germany’s Bavaria interested to receive gas from Croatia’s Krk LNG terminal

Austria and the German state of Bavaria have shown interest to receive natural gas supplies in the future from Croatia’s FSRU-based Krk LNG terminal on the northern Adriatic island of Krk.

This was revealed on Thursday after a visit to the 140,000-cbm FSRU LNG Croatia by Croatian Prime Minister Andrej Plenkovic, Austrian Chancellor Karl Nehammer, and Bavarian Premier Markus Soeder, according to the Croatian government.

Europe has significantly increased LNG imports this year as European countries look to boost energy security and ditch Russian gas pipeline supplies.

Due to high demand, Croatia also decided to further increase the capacity of its FSRU-based LNG import terminal.

The capacity of the terminal will rise to 6.1 bcm and the expansion project will cost about 180 million euros ($187 million).

The bigger part of the project includes the construction of a new pipeline from Zlobin to Bosiljevo while the FSRU should get a new regasification module in 2024.

In order to send natural gas to Austria and Bavaria, Croatia also needs to build a new connection pipeline to its neighbor Slovenia.

The partners will now work on the details of the project to deliver regasified LNG from the Krk FSRU to Austria and Bavaria.

Most Popular

Atlantic LNG shipping rates, European prices down

Atlantic LNG freight shipping rates and European prices decreased this week compared to the week before.

Glenfarne becomes majority owner of Alaska LNG

US energy firm Glenfarne has signed definitive agreements with state-owned Alaska Gasline Development Corporation to become the majority owner of the giant Alaska LNG export project.

Petronas to supply LNG to PetroVietnam Gas

Malaysian energy giant Petronas will supply liquefied natural gas (LNG) to PetroVietnam Gas, a unit of state-owned PetroVietnam, next month. The two firms will also look into the possibility of signing long-term LNG contracts.

More News Like This

Atlantic LNG shipping rates, European prices down

Atlantic LNG freight shipping rates and European prices decreased this week compared to the week before.

Turkish and UK terminals remain top destinations for US LNG cargoes

LNG import terminals in Turkiye and the UK were the top destinations for US liquefied natural gas cargoes for the third month in a row in January 2025, according to the Department of Energy’s LNG monthly report.

CIMC SOE completes Croatian regas module

Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering has completed Wartsila's regasification module that will be installed onboard the 140,000-cbm FSRU, LNG Croatia.

Atlantic LNG shipping rates rise to $31,000 per day

Atlantic LNG freight rates rose to $31,000 per day this week, while European prices also increased compared to the prior week.