Weekly energy market overview:...

During the second week of December, Brent oil futures for the Front Month...

European electricity prices: Weekly...

In the second week of December, average electricity prices fell in most major...

European electricity demand trends:...

During the week of December 8, electricity demand decreased across major European markets...

Europe: Solar and wind...

During the week of December 8, solar photovoltaic (PV) energy production increased in...
Supported byClarion Energy
HomeSEE Energy NewsCroatia, Government has...

Croatia, Government has approved the investment of 180 million euros in the expansion of LNG terminal on the island of Krk

The Croatian Government has approved the investment of 180 million euros in the expansion of liquefied natural gas (LNG) terminal on the island of Krk and the construction of Zlobin- Bosiljevo gas pipeline.

Minister of Economy and Sustainable Development Davor Filipovic said that the capacity of the LNG terminal will be increased from 2.9 to 6.1 billion cubic meters of gas per year, while the construction of a new pipeline will strengthen the security of gas supply within the country.

Of the allocated 180 million euros, 25 million will be used for upgrading the capacities of the Krk LNG terminal, while the rest will be used for the construction of the gas pipeline and the expansion of the distribution network.

Prime Minister Andrej Plenkovic sad that Croatian natural gas transmission system operator Plinacro will use funds from the REPowerEU scheme, adding that these projects will make Croatia a regional energy hub.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Weekly energy market overview: Brent Oil, TTF gas, and COâ‚‚ futures

During the second week of December, Brent oil futures for the Front Month on the ICE market reached their weekly maximum settlement price of $62.49/bbl on Monday, December 8, already 2.0% lower than the last session of the previous...

European electricity prices: Weekly trends and forecast

In the second week of December, average electricity prices fell in most major European markets compared to the previous week. The notable exception was the MIBEL market of Spain and Portugal, which recorded a 27% increase. Among the declines,...

European electricity demand trends: Weekly overview

During the week of December 8, electricity demand decreased across major European markets compared to the previous week, reversing the upward trend observed earlier. France recorded the steepest decline at 8.8%, marking the third consecutive week of falling demand....
Supported byVirtu Energy
error: Content is protected !!