Support for new LNG terminal in Croatia

European Commission Vice President and European Energy Union Commissioner, Marcos Sefcovic, has said that an LNG terminal on the northern Adriatic island of Krk is an important future project for the European Energy Union, according to a news release on the Croatian government’s website.

Sefcovic was responding to a question regarding how he viewed the LNG terminal as an energy hub for supplying central Europe and the wider area with liquefied gas, fielded by Croatian member of the European Parliament, Tonino Picula.

Sefcovic said it was an important project but that outstanding issues, including those pertaining to infrastructure and finances, still needed to be solved.

Sefcovic voiced his support for the LNG terminal at the Socialists and Democrats group meeting in Strasbourg, France, where he presented his position ahead of the adoption of an Energy Union strategy which the Commission announced for 25 February 2015.

The Energy Union aims to reduce the EU’s dependence on the import of fuels, improving energy efficiency and creating a single European energy market.

Picula attended an interparliamentary seminar on the energy policy between EU and Western Balkan countries in Ankara last week, where he said that prioritising the construction of an LNG terminal on Krk would make it possible to create a gas supply market if Russian supplies were disrupted.

Adapted from press release by Callum O'Reilly

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/12022015/support-for-new-lng-terminal-in-croatia-238/