South Stream demise leads Croatia to revive gas terminal project

Encouraged by the collapse of the South Stream project [click here for more information], Croatian authorities revived the idea of building a Liquefied Natural Gas (LNG) import terminal at the deepwater oil port of Omisalj, on the island of Krk.

Croatian Economy Minister Ivan Vrdoljak said on 7 December 2014 the government would declare the Krk terminal a 'strategic project' in the following weeks. The terminal was already on a list from the European Union of 30 projects it considers important for energy security.

ESO: Background information: EU dependent on Russian gas for 'foreseeable future', warns IEA http://www.europeansources.info/record/eu-dependent-on-russian-gas-for-foreseeable-future-warns-iea/

Balkan Insight, 11.02.15: Croatia to Include Serbia in Gas Pipeline Project http://www.balkaninsight.com/en/article/croatia-to-include-serbia-into-gas-pipeline-network

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