Croatia LNG Terminal Starts Delivery

MTI-Hungary Today 2021.01.04.

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.

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

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

FM Szijjártó: Hungary Made Progress in Energy Diversification

Hungary has made significant progress in the area of energy diversification, the minister of foreign affairs and trade said on Tuesday, opening the third Budapest Energy Summit international conference. Péter Szijjártó said energy supplies were always a critical issue in central Europe, and the countries of the region were making significant progress to diversify their […]Continue reading

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.

Featured photo illustration by Tibor Illyés/MTI