Tag: LNG

EU to invest 101.4 million euros in Krk LNG terminal – Croatia, 19 December 2017

In the presence of Commissioner for Climate Action and Energy Miguel Arias Canete and Energy Ministers of Croatia and Hungary, a grant agreement under the Connecting Europe Facility (CEF) was signed, awarding 101.4 million euros to the construction of liquefied natural gas (LNG) terminal on the Krk island, which accounts for 28 % of the […]

Another investor to join Alexandroupoli LNG terminal project – Greece, 5 December 2017

Increased investor interest in the Alexandroupoli liquefied natural gas (LNG) terminal in northern Greece reportedly led to the addition of the fifth member into a consortium established for the development of the project. The fifth investor is expected to be announced by the end of the year and it will acquire 20 % stake in […]

Turkey to add two new floating LNG storage units – Turkey, 20 November 2017

Turkish Minister of Energy and Natural Resources Berat Albayrak announced that In order to expand storage capacity in the face of increasing demand, Turkey will commission two more liquefied natural gas (LNG) floating storage and regasification units (FSRU), with the first to start operating by the end of the year. Speaking at the 2018 budget […]