ZAGREB, April 8, 2019 – The Sustainable Development of Croatia (ORaH) party and the European Green Party (EGP) said on Monday they would insist on full transparency of the financing and construction of an LNG terminal on Krk island so that it does not jeopardise Croatian citizens’ standard of living as well as the health and livelihood of the people of the Kvarner coastal region, notably the people of Krk.
The two parties held a press conference after Thomas Waitz, a member of the European Parliament and of the EGP executive committee, visited the northern Adriatic island to establish the facts concerning the construction of an LNG terminal in Omišalj.
He said that because private investors had pulled out of the project, the 107 million euro from European cohesion and development funds which should have covered 27% of the investment now covered 45%.
All private investors have withdrawn from the project, so it’s legitimate to ask if the project is cost-effective at all, Weitz added.
It is unusual that the environmental impact study used for the project was made for the land and not the floating terminal and that the permits issued for the land terminal were simply expanded to the floating one, although they are essentially different projects, he said.
He said no EU funds had been granted yet and that he would ask the European Commission to review the allocation and warn it that the project was different than the one agreed for financing.
ORaH president Zorislav Antun Petrović said his party would follow the developments in cooperation with the EGP.
More news on the LNG terminal can be found in the Business section.