July 27, 2024
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HomeUncategorizedCroatia advances gas infrastructure with 533 million euro grant agreement

Croatia advances gas infrastructure with 533 million euro grant agreement

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The contract for the construction of the four new gas pipelines was signed by the Croatian Ministry of Economy and Sustainable Development, the Fund for Environmental Protection and Energy Efficiency and the company Plinacro. Based on the addition of the National Recovery and Resilience Plan, 533 million euros has been set aside for this project.

The construction of four new Croatian gas pipelines is planned in the following areas: Zlobin – Bosiljevo, Bosiljevo – Sisak, then Kozarac – Sisak and Zabok – Lučko, which will transport gas from the LNG terminal on the island of Krk to neighbouring Slovenia, Hungary and other countries within Southeastern Europe.

“All of the new Croatian gas pipelines will have the possibility of gas flow in both directions and will be included in the system of monitoring and managing the gas transport network of Plinacro,” it was stated at the signing of the contract within the Ministry of Economy and Sustainable Development.

The head of the aforementioned ministry, Damir Habijan, stated that the signing of this significant contract is of great importance for the continuation of the energy transition, as well as the transformation of the entire energy system.

“Russia’s aggression against Ukraine established a greater need for a safe supply of natural gas throughout the EU, including additional investments in the gas infrastructure itself,” said Habijan, recalling that back in August 2022, the decision to expand the Krk LNG terminal’s capacity was made owing to this.

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