Deliveries from Croatian LNG terminal start

Energy Trade

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The state-owned Hungarian Electricity Works (MVM) on Monday said the Croatian unit of its gas trading company MFGK took its first liquefied natural gas (LNG) delivery from the newly commissioned LNG terminal off the Croatian island of Krk, state news wire MTI reports.

The first LNG tanker docked at the Krk terminal on January 1, 2021.

MFGK has booked regasification capacity for 6.75 billion cubic meters of gas at the Krk terminal over a period of almost seven years starting in 2021.

MVM said the commissioning of the terminal opens "a new age" in Hungary's gas supply, giving the country direct access to sources and market players previously unavailable on Hungarian and regional markets.

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