LNG Croatia Investing 17 Million Euros in Capacity Expansion

Lauren Simmonds

lng croatia

July the 9th, 2024 – LNG Croatia (LNG Hrvatska) is set to invest 17 million euros in capacity expansion services. The result will see its capacities almost doubled.

As Poslovni Dnevnik writes, as an investor and holder of the project to increase the capacity of the Natural Gas Liquefaction Terminal (UPP), LNG Croatia has initiated a public procurement procedure for the conversion of the LNG Croatia FSRU ship for the purpose of increasing the capacity of that terminal. The deadline for submitting bids is August the 8th, 2024.

The state operator of the LNG terminal on the island of Krk reported that it has announced a tender for two contracts related to the expansion of the capacity of the floating reception, storage and gasification unit (FSRU) through which UPP is imported on Krk.

In total, these contracts are worth 17 million euros without the inclusion of taxes. The first refers to services that include the installation, implementation and commissioning of a new module and equipment on the FSRU and is worth about 15 million euros. The second is worth about 2 million euros and includes the procurement and installation of power equipment for the integration of the FSRU.

After the expansion, the LNG terminal in Omišalj will boast a capacity of 6.1 billion cubic metres of gas per year. That is almost twice as much as is currently the case. It will be made possible through the installation of a new module manufactured by the Norwegian enterprise Wartsila. The new module should be installed in the summer of 2025.

At the beginning of June, during his visit to the LNG terminal, Prime Minister Andrej Plenković presented the information that Croatia consumes around 2.8 billion cubic metres of gas annually. That means that with the expansion of LNG Croatia’s capacities, there will be a huge space for the gas coming to Krk to be marketed to other countries – Hungary, Slovenia, Austria, Bavaria or in the future – through the southern gas interconnection to Bosnia and Herzegovina.

He also stated how Croatia used funds from the RePower EU instrument, and that the country is investing 533 million euros in increasing the capacity of domestic gas pipelines.

 

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