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.

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