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

Excelerate to splash about $332 million on FSRU order in South Korea

Excelerate Energy will pay about $332 million for a floating storage and regasification unit (FSRU) it ordered at South...

Germany’s EnBW to buy more LNG from Venture Global

US LNG exporter Venture Global LNG has signed a deal to provide more liquefied natural gas to German energy...

Finland’s Hamina LNG terminal starts commercial ops

Hamina LNG has launched commercial operations at its liquefied natural gas (LNG) import terminal in Finland’s Hamina port. The LNG...

More News Like This

Croatia’s Krk FSRU terminal gets another US LNG cargo

US liquefied natural gas supplies keep coming to the FSRU-based Krk import facility in Croatia on the back of...

Small-scale LNG carrier delivers cargo to Croatian FSRU

The 30,000-cbm small-scale LNG carrier, Ravenna Knutsen, has delivered the 42nd cargo to the FSRU-based Krk import facility in...

Slovakia’s SPP buys LNG from ExxonMobil

Slovakia's gas supplier SPP said it has signed a contract with US energy giant ExxonMobil to buy liquefied natural...

Croatia’s Krk LNG terminal receives 39th cargo

State-owned terminal operator LNG Croatia said it has received the 39th LNG cargo at the FSRU-based Krk import facility...