LNG terminal

European Commission allocating money for Croatian LNG project

The European Commission said on Wednesday it was allocating funds for the trans-European energy infrastructure, including EUR 101.4 million for an off-shore LNG terminal on the Croatian island of Krk, EUR 747,999 for that project's studies, and EUR 40.5 million for a smart grid project (SINCROGRID).

Minister says LNG terminal will strengthen Croatia's energy position

Environmental Protection and Energy Minister Slaven Dobrovic said on Friday the approval of a EUR 102 million grant for the construction of a floating LNG terminal off the northern Adriatic island of Krk was an important step in the strengthening of Croatia's energy position which would bring new know-how and technologies as well as expand the use of gas in Croatia's economy and society.

EU approves EUR 102m grant for LNG terminal in Croatia

The Connecting Europe Facility (CEF) Coordination Committee on Friday approved a EUR 102 million grant for the construction of a floating LNG terminal off the northern Adriatic island of Krk and another EUR 40.5 million for Sincro.Grid, a Croatian-Slovenian project aimed at improving the transfer of electricity.

Contruction of floating LNG terminal to go ahead as planned

Activities on the construction of a floating LNG terminal on the island of Krk are going according to plan and there should be no reason for it falling behind schedule, LNG Croatia told Hina on Thursday.

Ambassador says US companies interested in LNG, similar projects in Croatia

The construction of an LNG terminal on the island of Krk is an excellent opportunity for Croatia to become an energy leader in this part of Europe and there is substantial interest on the part of American companies to participate in that and similar projects, the US Ambassador to Croatia, Julieta Valls Noyes, said on Wednesday.

LNG terminal would make Croatia regional leader

The construction of a liquefied natural gas (LNG) terminal in Croatia is a low-risk investment that is not complicated, and it can bring the country huge commercial gain very soon, Ian Brzezinski, an associate at the Atlantic Council said at a panel discussion on Croatia's role in the Three Seas Initiative, held in Zagreb on Wednesday.

Dubrovnik Forum discusses LNG terminal between Poland and Croatia

Connecting the LNG terminal in Poland with one planned on the island of Krk in Croatia is one of the specific projects 12 EU countries located in the Adriatic-Baltic-Black Sea (BABS) region want to implement in order to boost competitiveness and development, Presidents Kolinda Grabar-Kitarovic of Croatia and Andrzej Duda of Poland said at the Dubrovnik Forum on Thursday.

President: Krk LNG terminal could be regional strategic project

There are great chances of the future floating LNG terminal off the northern Adriatic island of Krk becoming a regional strategic project that will benefit not just Croatia but other countries as well, including Ukraine, Croatian President Kolinda Grabar-Kitarovic said on Friday during a visit to the LNG terminal in the Lithuanian port of Klaipeda.

Government steps up preparations for LNG terminal

The Croatian government adopted a conclusion on Wednesday to step up preparations for and the implementation of the first stage of the construction of a floating LNG terminal on the northern Adriatic island of Krk.

Canadian investors still interested in investing in energy hub on Krk island

They accused Antunovic, among other things, of personally refusing to allow the said Development Group of investors to participate in the Call for Equity.

Exec says implementation of Krk LNG terminal definitely certain

Mladen Antunovic, the director of the LNG Croatia company responsible for the development of the LNG terminal project on the Island of Krk, has said that the project is "at a high level of maturity" and its implementation is definitely certain.

EC says hasn't received any complaint over Krk LNG terminal

"We are not aware of the complaint you mention," a source from the Commission has said in response to Hina's queries.

Foreign investors to get land for possible LNG terminal before government?

The story is interesting even more so because the Croatian government through its LNG Hrvatska company intends to build an LNG terminal in the same spot.

Karamarko, Yee talk LNG terminal on Krk

During the talks, Karamarko and Yee confirmed that both Croatia and the United States wanted to step up cooperation on all fronts, notably in the economy and science, the statement said.

PM: Stable tax system, trustworthy judiciary crucial for investments

Croatian Prime Minister Tihomir Oreskovic, who on Monday attended an EBRD investment summit in London, said that in order to attract investments it was vital to have a stable tax system and a judicial system that instilled confidence.

European Commission financially backs 2 Croatian LNG projects

LNG and its storage will increase the EU's energy security, the Commission said at a presentation of a package of energy security laws, highlighting LNG as the future of Europe's energy sustainability.