Croatia becomes LNG importer as first commercial cargo arrives

Croatia has officially become an LNG importing nation following the arrival of the first commercial cargo at the new Krk facility in the northern Adriatic Sea.

The 155,000-cbm Tristar Ruby arrived at the LNG Croatia FSRU on Friday morning Central European Time, its AIS data shows. The FSRU serves as an LNG import facility at the island of Krk.

The state-owned terminal operator LNG Croatia confirmed the arrival of the vessel later during the day saying the unloading operations would last until January 3.

As previously reported, the LNG carrier brings a cargo from the Dominion Cove Point facility in Maryland.

LNG Prime understands that Hungary’s state-owned MFGK, one of the three Krk capacity holders, purchased the US cargo.

This marks the start of commercial operations for LNG Croatia FSRU and the terminal. The FSRU previously delivered a small commissioning cargo from Spain for testing purposes.

In addition, Golar has recently officially handed over the FSRU to LNG Croatia but will continue operating and maintaining the vessel for at least ten years.

Golar secured a deal last year to provide its 2005-built 140,205-cbm vessel Golar Viking to the Krk project and convert it to a FSRU.

Besides the FSRU, the Krk import facility consists of a jetty and a high-pressure gas pipeline.

Croatia’s first LNG terminal will have the capacity to send up to 2.6 bcm per year of natural gas into the national grid.

Furthermore, the terminal developer said earlier this year that three firms booked all of the terminal’s capacities for the next three years.

Besides MFGK, capacity takers include trading firm MET and Qatar’s PowerGlobe.

The LNG import project costs 233.6 million euros ($284 million) with EU providing 101.4 million euros.

Most Popular

Venture Global’s CP2 LNG to start mobilization and site preparation

Venture Global LNG's CP2 LNG has received approval from the US FERC to start mobilization and other limited activities for the LNG project in Louisiana.

Prime Infra to buy 60 percent stake in First Gen’s Batangas LNG terminal

First Gen has entered into a deal with Prime Infrastructure Capital under which the latter will acquire a 60 percent equity stake in First Gen's gas business in the Philippines, including the Batanagas LNG terminal.

Atlantic LNG shipping rates continue to decrease

Atlantic LNG freight shipping rates continued to decrease this week, while European prices also dropped compared to last week.

More News Like This

Croatian FSRU welcomes first Moss-type LNG carrier

Croatia’s FSRU-based LNG terminal on the island of Krk has welcomed the first Moss-type LNG carrier and its 118th cargo since the launch of operations in January 2021.

CIMC SOE completes Croatian regas module

Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering has completed Wartsila's regasification module that will be installed onboard the 140,000-cbm FSRU, LNG Croatia.

Croatia completes new LNG pipeline

Croatia has completed the Zlobin-Bosiljevo gas pipeline as part of the capacity expansion project of the FSRU-based LNG import facility on the island of Krk.

Croatian FSRU in new LNG truck loading milestone

State-owned LNG Croatia, the operator of the FSRU-based Krk import facility, has completed the 500th LNG reloading operation directly from the vessel to a truck.