Croatia’s HEP seeks up to six LNG cargoes

Croatian state-owned power utility HEP is seeking up to six liquefied natural gas cargoes for delivery to the FSRU-based LNG terminal on the island of Krk.

According to a tender document posted on HEP’s website, HEP is inviting bidders to submit bids for one LNG cargo with a size of about 138,600 cbm of LNG up to six cargoes for the period between October 2024 and July 2025.

The cargo delivery windows are October 28-31, 2024, January 2-5, 2025, February 24-27, March 4-6, June 8-11, and July 28-31.

The wining bidder will provide the cargo(es) on the DES (delivered ex-ship) basis to the 140,000-cbm FSRU LNG Croatia.

HEP said the initial bids must be submitted by May 27, 2024 at 12:00 CET.

91 LNG cargoes

LNG Croatia is owned by HEP and Plinacro, the national gas transmission system operator (TSO), with 85 percent and 15 percent, respectively.

Croatia’s Krk LNG terminal recently received its 90th cargo since the launch of operations in January 2021.

After that, the 91st LNG cargo was delivered to the FSRU on May 9 onboard the 174,000-cbm LNG carrier, Attalos.

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.

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

Last year, a unit of Finland’s Wartsila won a contract to supply one regasification module for the FSRU.

Under the contract, Wartsila Gas Solutions is building the regas module with a maximum capacity of 250,000 m3/h. The firm awarded the module contract to China’s CIMC SOE.

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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