| Project Detail |
The KRK LNG Terminal project consists of the studies and implementation of the first liquefied natural gas (LNG) import terminal in Croatia, on the island of Krk in the Northern Adriatic sea. The terminal will have a throughput capacity of 6 Gm3/year and will include a tanker jetty to accommodate the LNG carriers, 2 LNG storage tanks with a total storage capacity of up to 360 000 m3 LNG, vaporisers and ancillary equipment. The final scope and cost will be defined at a later stage.
Objectives:
The LNG Krk is classified as a project of common interest (PCI) and included in the top priority list under the Central and South-Eastern European Gas Connectivity initiative (CESEC). The project would help to meet the security of supply objectives of the European Union. As the terminal will be located in Croatia the project will also contribute to economic and social cohesion.
The estimated cost of the project is EUR 678 million. The European Investment Bank (EIB) will be financing an approximate amount of EUR 339 million for the project. |
