Page 14 - AsianOil Week 25 2022
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GLNG EUROPE GLNG
Croatia to double capacity at Krk
LNG to become regional hub
TERMINALS CROATIA intends to double the capacity of its The Croatian government is taking steps to
floating LNG (FLNG) terminal off the island of increase its energy production capacity. Earlier
Krk from 2.9bn to 6.1bn cubic metres (bcm), in March, Economy and Sustainable Develop-
Prime Minister Andrej Plenkovic said on June ment Minister Tomislav Coric said that Croatia
20 at the Three Seas Initiative summit. intends to increase its gas production with six
At the end of May, Plenkovic said the gov- new wells. He added that the total domestic pro-
ernment might decide to increase the capacity duction this year is predicted to exceed 1bcm,
of the terminal to 3.5bcm and that, if needed, the which meets 40% of domestic demand.
capacity can be expanded to 6.1bcm. In June, the government allowed state-owned
Plenkovic said that the increased capacity power company HEP to borrow €1bn to fund
will be far beyond Croatia’s needs and the coun- costs associated with electricity supplies, coal
try can become a hub for LNG deliveries in the and heating energy, as well as to purchase gas
region. supplies to be stored in the Okoli underground
This would benefit Croatia’s neighbours natural gas storage facility.
Slovenia, Bosnia & Herzegovina and Hungary,
Plenkovic noted.
LNG capacity due to be ready in
Estonia by end of November
TERMINALS ESTONIA will have the capacity to import Liq- grid distributor Elering said that guarantees of
uefied Natural Gas (LNG) via a floating terminal being ready by November could not be given at
moored off the Port of Paldiski by November, this point, telling AK that: “We cannot guaran-
ERR.ee, an Estonian news website, reported on tee that we will be ready by November. Taking
June 17. into account the situation globally, one where
The under-construction terminal is similar to there is a shortage of building materials, supply
one in use in Klaipeda, Lithuania, and is being chain problems and other issues, we will, how-
installed in order to completely decouple from ever, do everything in our powers to be ready by
Russian natural gas imports. It will also have the November.”
capacity to supply Finland with LNG. Another guarantee Heinla was this time able
Timo Tatar, undersecretary at the Ministry of to give concerned the supply of gas to Finland.
Economic Affairs, told media AK that: “We are He said: “This is the kind of pipeline through
on schedule for the end of November. By the end which the entire Finnish gas supply is guaran-
of November, the LNG infrastructure, the quay teed. And we will also connect the shipping con-
itself and that located on the quay, will be ready nection to this pipeline.”
to receive LNG from the ship.” The Balticonnector pipeline linking Estonia
The vessel itself would be replenished by LNG and Finland opened in December 2019.
brought in on other ships. Estonia’s annual natural gas consumption
“The Finns have signed a lease agreement stands at around 5TWh, which the terminal will
for the vessel, and now an agreement on the be able to satisfy in addition to serving Finland.
details of when exactly the ship will come here is The state will also be holding 1TWh natural gas
needed,” Tatar went on. in reserve.
Nonetheless, head of connections at state
P14 www. NEWSBASE .com Week 25 24•June•2022
