Analysis 24 Aug 17

Croatia Faces Rivals in Becoming Region’s Gas Hub

Croatia may hope that its ambitious LNG terminal on Krk will turn it into the region’s energy hub - but other countries cherish the same ambition.

Sven Milekic
BIRN
Zagreb
LNG terminal in Poland. Photo: Polskie LNG S.A.

Croatia is seeking investors to construct its long-announced terminal for receiving liquefied natural gas, LNG, on the island of Krk.

LNG Croatia, the public company responsible for running the terminal project, told BIRN that by the end of 2019 it plans to finish a floating terminal with a capacity of 2.6 bcm.

The bigger on-shore terminal will be constructed only if “market demands justify the investments and if their economic viability is demonstrated”, it said.

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