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Croatia's LNG terminal Croatia's LNG terminal LNG Hrvtaska

Texas gas lands in Croatia and is shipped to Czech and Slovakian markets

Written by  May 05, 2022

The Czech subsidiary of one of the largest Slovak energy companies, SPP, has announced the first delivery of liquefied natural gas from the LNG Terminal on Krk to the Czech market, Jutarnji list reported on Thursday.

According to the same source, the gas was purchased from quantities delivered to the LNG Terminal on Krk on May 1 from the Corpus Christi terminal in the US state of Texas.

The Slovak SPP bought 93 million cubic metres of gas from Corpus Christi, of which five million cubic metres were forwarded to the Czech Republic. According to the announcement of SAA, part of the gas taken from Krk will be stored in Slovakia.

"If necessary, we can offer Czech customers SPP storage capacity in the Czech Republic and Slovakia. We are also able to serve potential new customers without any problems,” stated the Deputy Chairman of the Management Board of the SPP Representative Office in the Czech Republic on the occasion of the first delivery of LNG from Krk to the Czech market.

They pointed out that liquefied natural gas imported into Europe can compete in price with gas transported by pipelines. After proper preparation, it is added, LNG is directly usable for households and industry, just like "classic" natural gas. The only difference is that it is not transported over long distances by pipeline, but in the liquefied state by ships.

The announcement of the SPP is all the more interesting because the company, as it was confirmed yesterday in the management of the LNG Terminal on Krk, is neither the user of the terminal, nor the tenant of the gasification capacities there. Which means that SPP bought gas from one of the companies that lease the terminal, namely INA, HEP, MET Croatia Energy, MVM CEEnergy and PPD.


The Voice of Dubrovnik


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