The Croatian Ministry of Economy has announced that LNG Hrvatska, the operator of the liquefied natural gas (LNG) terminal on the island of Krk, will receive a 25 million euros grant from the EU’s Recovery and Resilience Plan to fund the planned expansion of the terminal’s capacity. The Ministry emphasized that the expansion project is strategically important for ensuring gas supply security at the EU level. The total cost of the project is estimated at 46.1 million euros.
The expansion will involve the installation of an additional regasification module with a capacity of 250,000 cubic meters per hour. This new module will be integrated with the existing regasification system on the floating storage regasification unit (FSRU) at the Krk terminal. In April 2023, LNG Hrvatska signed a 22.97 million euros contract with Norway-based Wartsila, a supplier of cargo handling and reliquefaction systems, to procure the additional module.
Once operational, the new regasification module will increase the terminal’s annual capacity from 2.9 billion cubic meters to 6.1 billion cubic meters of gas. The Krk LNG terminal, which began operations in January 2021, plays a key role in supplying natural gas to Croatia’s national transmission network, which is interconnected with neighboring EU countries such as Slovenia, Italy, and Hungary, as well as non-EU nations Serbia and Montenegro.
