Croatia is entering the new heating season with stable gas supplies, high storage levels, and the upcoming expansion of its LNG terminal on the island of Krk, which is set to become operational on 24 October.
Dalibor Pudic, President of the Croatian Gas Association, stated that gas availability across Europe remains sufficient, supported by the launch of new LNG terminals throughout the continent. He added that storage levels are still strong, contributing to stable volumes and prices. The underground Okoli storage facility, which had been filled to over 90% capacity, has already begun discharging due to an early start of the heating season but remains above 80%.
Croatia’s gas situation is closely linked to broader EU energy policy, with the bloc targeting a complete phase-out of Russian gas imports by 2027. Since the onset of the war in Ukraine, European gas prices have stabilized significantly and are now roughly ten times lower than their peak levels at the beginning of the conflict. The expansion of the Krk LNG terminal is a key element of this diversification effort, enhancing both Croatia’s and the region’s energy security.
