19
Dec
2017

EU bankrolls Croatian FSRU praised by Trump for boosting access to US LNG

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The European Union is to invest in a floating LNG import terminal proposed on the Croatian island of Krk with a cash grant to cover more than a quarter of the project’s EUR 384 million (USD 454 million) estimated capital cost.

The bloc allocated EUR 101.4 million (USD 120 million) to the terminal as part of a multi-billion-euro infrastructure fund called the Connecting Europe Facility, under an agreement inked by ...

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