The Connecting Europe Facility (CEF) Coordination Committee approved a 102 million euros worth grant to a project for the construction of floating liquefied natural gas (LNG) terminal off the coast of Krk island, and additional 40.5 million euros for SINCRO.GRID, a Slovenian-Croatian project aimed at increasing the transfer of electricity between the two countries.
These two projects are a part of batch of 18 European energy projects worth 444 million euros, which has been greenlit at the recommendation of the European Commission. Croatian Minister of Environmental Protection and Energy Slaven Dobrovic said on the occasion that the construction of LNG terminal is one of the most important energy projects not just at national, but also at the regional and European level, which was proved by the approved grant.
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Tags: CEF, construction, Croatia, financial, financing, gas, krk, LNG, LNG terminal