Croatia decides to boost Krk LNG capacity

Croatia has decided to further increase the capacity of its FSRU-based LNG import terminal on the northern Adriatic island of Krk.

The Croatian government led by Prime Minister Andrej Plenkovic adopted this strategic decision on Thursday, according to a statement.

Plenkovic said earlier this year that Croatia was nearing a decision to increase the capacity of the terminal from current 2.9 bcm to 6.1 cbm, as European countries look to slash reliance on Russian pipeline gas.

The expansion project would cost about 180 million euros ($183.1 million) and includes the construction of a new pipeline from Zlobin to Bosiljevo.

Out of this, about 25 million euros would go into works at the FSRU-based facility while 155 million euros would be invested in the pipeline part of the project.

Plenkovic said that Croatia plans to use EU funds under the REPowerEU plan to finance the expansion.

State-owned LNG terminal operator, LNG Croatia, said in a separate statement on Wednesday that it has received its 38th LNG cargo since the start of operations in January last year.

The 2015-built, 162,000-cbm BW Pavilion Leeara, owned by BW, delivered the new shipment to the FSRU from Sempra’s Cameron LNG plant in the US, its AIS data provided by VesselsValue shows.

- Advertisements -

Most Popular

Charif Souki steps down as chairman of Tellurian

US LNG firm Tellurian, the developer of the Driftwood LNG export project in Louisiana, said on Friday that its...

Dynagas FSRU ready to start Stade job

The 174,000-cbm FSRU Transgas Force, owned by Dynagas, has left Germany's Bremerhaven and will now work as an LNG...

VTTI and Hoegh LNG join forces on Dutch FSRU terminal

Rotterdam-based storage terminal owner VTTI, co-owned by Vitol, IFM, and Adnoc, is joining forces with FSRU player Hoegh LNG...

More News Like This

CIMC SOE wins contract from Wartsila for Croatian regas module

Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering has secured a contract from a unit of Finland's Wartsila to...

Croatian FSRU receives 78th LNG cargo

Croatia’s FSRU-based Krk terminal has received its 78th liquefied natural gas (LNG) cargo since the launch of operations in...

Croatian FSRU gets 75th LNG cargo

Croatia’s FSRU-based Krk terminal has received its 75th liquefied natural gas (LNG) cargo since the launch of operations in...

LNG Croatia to cooperate with SK E&S on bunkering, energy efficiency

State-owned LNG Croatia, the operator of the FSRU-based Krk LNG import terminal, has signed a joint development agreement with...