Posted by on 26 May 2012. Filed under Top news. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Slovakia’s Energy to be Delivered via Hungary

Wind Turbines. Photo by John Womack

Some of Slovakia’s energy in the future could be delivered from Croatia via new terminals in Hungary if a planned cooperation between the two countries

Hungary and Croatia are discussing a possible collaboration in several energy projects, including a Liquefied natural gas terminal in Croatia on the island of Krk and investing in several wind turbine power plants, with the option of leasing back the wind turbine plants in the future.

Hungary’s participation in the scheme would allow supply to Slovakia, Poland and Romania through interconnecting terminals in Hungary.

The completion of the build for the liquefied natural-gas terminal on Krk is planned for 2016 and would connect to the proposed Trans Adriatic Pipeline, replacing a previous plan backed by international partners.

In addition to the Hungarian involvement the Croatian government will also welcome other investors including Australia’s largest investment bank, Macquarie Group Ltd. and Qatar Petroleum, the Qatar state oil company, who is also interested in joining the scheme.

 

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