Two hours south of Ljubljana, work has started on a €235 million floating LNG regasification terminal on Croatia’s Krk island

Two hours south of Ljubljana, work has started on a €235 million floating LNG regasification terminal on Croatia’s Krk island, in the northern Adriatic. Planned to handle 2 billion cubic meters a year, the project is financed with a €102 million grant from the EU’s Connecting Europe Facility, €100 million from the Croatian government, and €32.6 million from Croatian energy companies. Hungarian companies are interested in buying partial ownership. Due for commissioning in 2021, the Hrvatska LNG Terminal would bring American and Persian Gulf gas to Central Europe for the first time.