Croatian FSRU gets LNG cargo from Egypt

State-owned terminal operator LNG Croatia has received the 46th LNG cargo at its FSRU-based Krk import facility since the launch of operations in January last year.

LNG Croatia said in a short statement that the 2019-built 173,400-cbm, British Mentor, had arrived at the 140,000-cbm FSRU on November 4.

The vessel owned by Kmarin and chartered by BP, loaded the cargo at the Damietta LNG facility in Egypt in October, according to its AIS data provided by VesselsValue.

Although the Krk terminal previously received cargoes from the Idku terminal in Egypt, this could be the first shipment from the Eni-led Damietta terminal.

BP has a contract with Segas, the operator of the Damietta LNG plant, for about 1 mtpa of LNG, GIIGNL data shows.

The Damietta plant started exporting LNG again in February last year following a deal between Egypt’s EGPC and EGAS, Italy’s Eni, and Spain’s Naturgy.

The Croatian FSRU mainly receives LNG volumes from the US. Besides Egypt, it also received shipments from Nigeria, Trinidad and Tobago, and reloads from Dunkirk, Zeebrugge, and Barcelona.

European LNG demand spiked this year as European countries look to replace Russian pipeline gas and boost energy security.

Due to high demand, Croatia 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 ($179 million) and includes the construction of a new pipeline from Zlobin to Bosiljevo.

Most Popular

Venture Global’s Plaquemines LNG terminal achieves first production

Venture Global announced on Friday it had reached first LNG production at the company’s second facility, Plaquemines LNG, in...

Spot LNG rates remain weak

“Spark30S rates rose for a fourth consecutive week, increasing marginally by $750 to $23,500 per day,” Qasim Afghan, Spark’s commercial...

Swan Energy, Nebula’s AG&P LNG plan Indian JV

Swan Energy said on Friday it had signed a heads of agreement with AG&P Terminals &Logistics (Singapore). The two firms...

More News Like This

Croatian FSRU gets 100th cargo

Croatia’s Krk liquefied natural gas (LNG) terminal has received its 100th cargo since the launch of operations in January...

LNG Croatia extends bid deadline for capacity expansion contracts

LNG Croatia is extending the deadline for the delivery of bids until September 3, 2024, it said in a...

Italy’s Eni may add ‘small’ offtake deals to its growing LNG portfolio

Asked about whether Eni would consider signing new offtake deals, including with US Gulf Coast projects, during Eni's second-quarter...

Croatian LNG terminal operator to award new capacity expansion contracts

State-owned LNG terminal operator LNG Croatia has launched a tender for two contracts related to the capacity expansion of...