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Floating LNG terminal for Croatian Krk is almost ready

Floating LNG terminal for Croatian Krk is almost ready 

China is completing construction of a floating LNG storage and regasification unit (FSRU) for the Croatian complex on the island of Krk. According to the resource Offshore Energy, the vessel should leave for the place of permanent operation at the end of September.



In 2019, Golar LNG won a tender to rebuild the Golar Viking gas carrier built in 2005 ship FSRU. Later that year, a deal was struck with the leasing arm of China State Shipbuilding Corporation to sell and lease the vessel back.

The vessel arrived at Huarun-Dadong shipyard near Shanghai in January this year. Despite the problems associated with the COVID-19 pandemic, the shipyard is already completing work on the ship's refurbishment. LNG Croatia previously stated that it would complete the onshore infrastructure by November.

What is the LNG terminal on the island of Krk

The capacity of the regasification terminal will be 2.6 billion cubic meters per year, which from 2021 will begin to flow into the Croatian national gas pipeline network. The total investment cost of the terminal is € 233.6 million ($ 260.4 million).

The construction is financed by a direct equity investment of € 32.2 million from the shareholders of the terminal operating company, an investment of 101 , 4 million euros from the Connecting Europe Facility and direct financing of 100 million euros from the Croatian state budget.

By the way, initially there were plans to build a ground terminal on the island of Krk. Its annual receiving capacity was supposed to be 2.4 million tons of LNG, and the cost was estimated at about $ 650 million. However, the project was then reformatted to speed up its implementation.

Croatia plans to officially launch the highly anticipated facility on January 1, 2021. And as a result, he will get a chance to realize his dreams of becoming a regional gas hub. : ///

Record Floating LNG terminal for Croatian Krk is almost ready first appeared TEKNOBLOG .

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