Bloomberg: Croatia, Poland Plan LNG Terminal Link to Boost Security

Croatia and Poland plan to link their liquefied natural gas terminals by 2020 to boost energy security and cut dependence on Russian supplies of the fuel.

“The cooperation between our countries in connecting LNG terminals into the North-South gas pipeline corridor is crucial for the region’s energy security,” Croatian Economy Minister Ivan Vrdoljak said at a news conference in Zagreb today after meeting with Polish Treasury Minister Wlodzimierz Karpinski.

Croatia, which plans to build its terminal on the Adriatic island of Krk by 2019, estimates its total investment costs, including pipelines and compressor stations, at about 1 billion euros ($1.2 billion), Vrdoljak told Bloomberg News. Poland may spend $1.3 billion to build the corridor after opening its LNG facility in Swinoujscie next year, Karpinski’s spokeswoman Agnieszka Jablonska-Twarog said.  MORE