Expansion of the capacity of the LNG Terminal on the island of Krk

Report:
Year registered: 2023
Type:
Energy
Status:Registered
3SI countries proposing the project:

Croatia

Participating 3SI countries:

Croatia

Partner countries:

* not part of the 3Seas Initiative
Main objectives:

Expanding the annual capacity of the gas terminal from 2.6 billion cubic meters to 6,1 billion cubic meters

Short description:

The expansion of the capacity of the LNG terminal will be accomplished by installing an additional regasification unit with a capacity of 250,000 m³/h on the existing FSRU LNG Croatia (hereinafter “FSRU”). As a result, the new maximum regasification capacity will be 700,000 m³/h, which equals 6.1 billion cubic meters of natural gas per year (bcma). The current technical capacity of regasification is 2.9 bcma. The necessary precondition for utilizing the LNG terminal’s expanded capacity is the further development and construction of the gas pipelines. To achieve this goal, the Croatian Government appointed the Croatian Transmission System Operator, Plinacro Ltd., to commence the construction-related tasks for the gas pipelines. Funding: Croatia's National Recovery and Resilience Plan 2021-2026. National Recovery and Resilience Plan 2021-2026 and LNG Croatia;

Calendar of implementation:
  • 2022
    Planning
  • 2023-2024
    Design

    On 18 April 2023 the Technology group Wärtsilä was contracted.

  • 2024-2025
    Construction

    The plant will be installed during summer 2025 and tested in order to prepare for the gas year 2025/2026

  • 2025
    Completed

    According to the contracted schedule between LNG Croatia LLC and Wärtsilä Gas Solutions Norway AS (the producer of the key equipment - regasification unit with a capacity of 250,000 m³/h), the production of the module and the installation of the equipment will be completed by February 2025 while the installation of the module on the FSRU vessel will be carried out during Q3 of 2025.

Budget:
40M100%
secured
Financing sources:
CEF
National funding