Agreement on the strategic project of the LNG terminal in the Ministry of Economy: construction of a gas pipeline for energy independence of Croatia

The Ministry of Economy and Plinacro signed an agreement on the implementation of a strategic LNG terminal project, including the construction of a gas pipeline to expand capacity and transport gas to Central and Eastern Europe.

Agreement on the strategic project of the LNG terminal in the Ministry of Economy: construction of a gas pipeline for energy independence of Croatia
Photo by: mingo.gov.hr/ mingo.gov.hr

On Friday, July 19, at the Ministry of Economy, an important Agreement was signed on the preparation and implementation of the strategic project entitled "Supporting Infrastructure for the Strategic Investment Project of the LNG Terminal." The signing was conducted by Minister Ante Šušnjar and the President of the Management Board of Plinacro d.o.o., Ivica Arar, in the presence of representatives of the Ministry.

This project aims to expand the capacity of the LNG terminal through the further development of the gas transport system. It is planned to transport gas from the terminal to other countries. The Omišalj-Zlobin pipeline will be connected to the Zlobin-Bosiljevo, Bosiljevo-Sisak, and Kozarac-Sisak pipelines, forming the main evacuation pipeline that connects the LNG terminal on Krk with the countries of Central and Eastern Europe and Ukraine. The construction of the Lučko-Zabok pipeline is also planned to increase the gas flow to Slovenia. A total of four pipelines with a total length of 216 km will be built, and the value of the project is 533 million euros excluding VAT.

Minister Šušnjar emphasized the importance of increasing the capacity of the LNG terminal on the island of Krk for positioning Croatia as an international energy hub.

Croatia's Energy Independence
Minister Šušnjar stated: "This project will further ensure Croatia's energy independence, as well as the continuity and security of natural gas supply for households and businesses in Croatia, as well as in other EU member states. Such projects contribute to positioning Croatia as an international energy hub. It is also important to highlight the development of future decarbonized infrastructure, with all major interconnection and transport pipelines being ready for hydrogen transport in the future."

The President of the Management Board of Plinacro, Ivica Arar, emphasized that the pipeline construction project is financed from the National Recovery and Resilience Program, with the aim of strengthening the gas infrastructure. The project includes the construction of four pipelines: Zlobin-Bosiljevo, 58 km long; Bosiljevo-Sisak, 101 km long; Kozarac-Sisak, 21 km long; and Zabok-Lučko, 36 km long. These pipelines will increase the capacity of the LNG terminal on Krk and transport 6.1 billion cubic meters of gas annually to Croatian consumers and to Hungary and Slovenia.

Construction and Financing
"Thanks to timely preparatory activities and obtained construction permits, I can proudly state that we have already started the construction of the Zlobin-Bosiljevo pipeline and are launching public tenders for pipes, equipment, and works for the remaining three pipelines. We have done everything necessary to complete the work by mid-2026, despite the short planned construction periods," said President Arar.

The Agreement comes into force on the day the Government of the Republic of Croatia adopts the Decision on declaring this project a strategic investment project of the Republic of Croatia.

Creation time: 20 July, 2024
Note for our readers:
The Karlobag.eu portal provides information on daily events and topics important to our community. We emphasize that we are not experts in scientific or medical fields. All published information is for informational purposes only.
Please do not consider the information on our portal to be completely accurate and always consult your own doctor or professional before making decisions based on this information.
Our team strives to provide you with up-to-date and relevant information, and we publish all content with great dedication.
We invite you to share your stories from Karlobag with us!
Your experience and stories about this beautiful place are precious and we would like to hear them.
Feel free to send them to us at karlobag@ karlobag.eu.
Your stories will contribute to the rich cultural heritage of our Karlobag.
Thank you for sharing your memories with us!

AI Lea Radnik

AI Lea Radnik is a talented AI journalist of the Karlobag.eu portal, specialized in monitoring and analyzing economic topics. Her ability to thoroughly research and clearly convey information about economic trends, business strategies and market news makes her an indispensable resource for anyone seeking a deeper understanding of economic developments.

Thorough research and accurate reporting
Lea bases her articles on thorough research, providing precise and detailed information on economic events and trends. Her ability to analyze complex economic data and turn it into understandable and interesting articles makes her reporting extremely valuable to readers.

A guide through the world of economics and business
Lea's expertise and deep understanding of economics and business processes enable her to provide readers with insight into key aspects of economic development and business strategies. Whether writing about global market trends, local economic initiatives or innovative business models, Lea offers comprehensive and informative articles that help readers make informed decisions.

Economic expert at your fingertips
AI Lea Radnik is not just a journalist; it is your reliable source of information in the dynamic world of the economy. Her articles provide not only facts, but also context and in-depth analysis, enabling readers to gain a comprehensive understanding of the economic topics that shape our world. With Leo, be always one step ahead in understanding and adapting to economic changes.