Innovation and Networks Executive Agency

6.5.1-0018-HR-W-M-16

INEA ceased operations on 31 March 2021. The European Climate, Infrastructure and Environment Executive Agency (CINEA) was established on 1 April 2021 to take over its legacy portfolio as well as additional EU funding programmes.
Construction of LNG terminal Krk
Programme: 
CEF Energy
Call year:
Location of the Action:
Implementation schedule: 
February 2018 to December 2020
Maximum EU contribution: 
€101,400,000
Total eligible costs: 
€220,004,340
Percentage of EU support: 
46%
Beneficiaries: 

LNG Hrvatska d.o.o. (Croatia)
http://www.lng.hr

Status:
Energy corridor:
Energy sector:
Project(s) of Common Interest:
Additional information: 

European Commission, DG ENER
http://ec.europa.eu/energy/en/topics/infrastructure

Agency for the Cooperation of Energy Regulators (ACER)
http://www.acer.europa.eu/

European Network of Transmission System Operators for Gas (ENTSOG)
http://www.entsog.eu/

Last modified: 
June 2021

6.5.1-0018-HR-W-M-16

The Action implements the first phase of the Project of Common interest (PCI) 6.5.1 developing a Liquefied Natural Gas (LNG) terminal on the island of Krk in Croatia. The objective of the Action is to procure and put into operation a Floating Storage and Regasification Unit (FSRU) and to construct a dedicated jetty and a connecting pipeline with an approx. send-out capacity of 2 bcm/year. The investments will form an integrated facility to unload, store and regasify LNG and will allow for anchoring special purpose LNG vessels, refilling LNG into the tanks.

The planned activities include: construction of the jetty and auxiliary systems, construction of the connecting high-pressure (HP) gas pipeline and purchase and delivery of an FSRU.

The completion of the Action will enhance the diversification of natural gas supply for Central Eastern & South Eastern Europe, it will increase security of gas supply, improve competitiveness in the region and provide for a more effective integration of key infrastructure projects like in Central Eastern and South Eastern Europe into the European gas market. This Action represents the next step in the PCI development, following the preparatory studies carried out under other CEF-funded Actions (6.5.1-0037-HR-S-M-14, 6.5.1-0026-HR-S-M-15 and 6.5.1-0014-HR-S-M-16).