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EU earmarks €278 million for four new LNG import terminals

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LNG Industry,


Reuters are reporting that the European Commission has earmarked €278 million (US$325 million) for four LNG import terminals due onstream between 2018 and 2020.

Poland’s LNG import terminal that came onstream in 2016 had already received €332 million. Last week, US President Donald Trump and EU Commission President Jean-Claude Juncker vowed to increase trade in LNG.

EU financing programs will disburse €50.8 million to an LNG terminal expansion in Greece, €124 million for one on the island of Krk in Croatia and €101.2 million for a Cyprus project.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/01082018/eu-earmarks-278-million-for-four-new-lng-import-terminals/

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