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 January 2021.

The 2015-built 170,500-cbm, Kool Baltic, arrived at the 140,000-cbm FSRU on October 14, according to a short statement by state-owned LNG terminal operator LNG Croatia.

Kool Baltic’s AIS data provided by VesselsValue shows that the LNG carrier delivered the cargo to the FSRU from Cheniere’s Sabine Pass LNG export plant in Louisiana.

LNG carrier operator CoolCo, who also manages the Croatian FSRU, purchased Kool Baltic and three other LNG carriers last year from its largest shareholder Eastern Pacific Shipping.

The vessel serves a long-term charter with LNG giant Shell that also has a long-term contract for volumes from the Sabine Pass plant.

Back in 2020, Shell signed a six-year deal with Hungary to supply the country with LNG via the Croatian terminal.

The Croatian FSRU mainly receives shipments from the US, but it also received cargoes from Qatar, Nigeria, Egypt, Trinidad, Indonesia, and reloads from European terminals.

Hungary’s MFGK and a unit of Switzerland-based trading firm MET are some of the users of the facility.

From the start of commercial operations, the LNG terminal has regasified more than 10.2 million cubic meters of LNG and shipped more than 6 billion cubic meters of natural gas into the Croatian system, according to LNG Croatia’s website.

Due to high demand, LNG Croatia is currently working to boost the capacity of its FSRU-based Krk LNG terminal.

Earlier this year, Finland’s Wartsila won a contract to supply one regasification module for the FSRU.

Under the contract, Wartsila Gas Solutions, a unit of Wartsila, will build the regas module with a maximum capacity of 250,000 m3/h.

The current three LNG regasification units have a maximum regasification rate of 451,840 m3/h.

Following the upgrade, the Krk LNG facility will have a capacity of about 6.1 bcm per year in 2025.

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