Croatia: EU membership brings financing for priority projects in TSO, DSO, gas and oil industry, SEE Energy News
Several energy infrastructure projects in Croatia are on the list of 250 priority projects of common European interest, which on Monday announced the European Commission and will be able to count on funds from new Instrument for connecting Europe for which it is intended 5.85 billion in forthcoming seven-year period.
Among the projects in Croatia is the construction of high-voltage transmission line that will connect the Lika and Banja Luka in the length of 45 kilometers and transmission Konjsko – Brinje in the length of 215 kilometers. The Commission anticipates that these projects will be realized between 2017 and 2020.
Regarding gas projects, on the list is the LNG terminal on island Krk, as well as building new, upgrading and expansion of existing pipeline, with total length of 308 kilometers. This is the pipeline that should connect the LNG terminal in Krk with existing pipelines with extensions to Slovenia, Italy and Hungary, which should be realized until 2017. On the list is the new Adriatic-Ionic gas pipeline from Albania to Split, upgrading and increasing capacity of JANAF while realization of the project envisioned by the Commission in the period from 2017 to 2020.
“The projects of common interest” shall have the benefits of accelerated permitting and improved regulatory conditions and will be able to count on support from the Instrument for connecting Europe, the new fund which will have at its disposal 5.85 billion euros in the period of 2014-2020. By including in the Commission’s list these projects can quickly be implemented, and will become more interesting to investors, both private and public.
The requirement for inclusion on the list is that at least two Member States have an important benefit from the project.
“We need to make our limited funds to be spent reasonably, that European money is intended for something that works best for European consumers. We hope that with this list of energy infrastructure projects and their accompanying benefits we will attract more investors,” said Energy Commissioner Guenther Oettinger.
The list includes about 140 projects in the field of electricity transmission and its storage, about 100 projects in the field of gas transmission, storage and liquefied natural gas as well as several projects related to oil and smart grids.
Source; Serbia Energy See desk