Croatia's new LNG terminal to start operations in January fully booked
6/16/2020
Croatia’s floating liquefied natural gas terminal on the northern Adriatic island of Krk will start operating on Jan. 1, 2021, having its full capacity booked for the next few years, Energy and Environment Minister Tomislav Coric said. “By this project we achieve security of gas supply for Croatia and we contribute to the security of gas supply for the European Union. Due to the higher competition on the gas market we expect that the gas prices in Croatia may fall,” Coric said. The capacity of the Krk LNG terminal is some 2.5 billion cubic meters (bcm) of gas per year. According to LNG Hrvatska, the company which runs the project, the terminal capacities have been sold out until October 2
