Croatia: Plinacro gets 4.8 million euros grant for gas interconnection with Slovenia

25. May 2016. / SEE Energy News

This project for the construction of gas pipeline and two compressor stations is also included in the EU list of projects of common interest (PCI), while the pipeline is included in CESEC list of projects which should ensure diversification and security of supply of natural gas to the EU member states in Central and Southeastern Europe.

Croatian gas transmission system operator Plinacro and the Executive Agency for Innovation and Networks (INEA), on behalf of the European Commission, have signed an agreement on 4.825 million euros grant from the Connecting Europe Facility (CEF), the fund intended for infrastructure projects, transport, telecommunications and energy.

The money will be used to complete all remaining preparatory activities in the project for the construction of gas interconnection with Slovenia, namely gas pipeline Lucko-Zabok-Rogatec and two compressor stations. It is currently the most important gas infrastructure project in Croatia, which is also of great importance for the supply of the entire region. Upon its completion, it will create the conditions for reliable and competitive gas supply in Croatian and neighboring markets.

Since Plinacro received funding which should cover half the cost of the preparatory activities, the agreement defines that these funds will be spent on detailed design for two sections of LuckoZabok-Rogatec gas pipeline, for feasibility study, functional specification, environmental impact assessment and conceptual, basic and detailed design of the two compressor stations. Plinacro received only 40 % of the approved grant, and the remainder will be paid upon completion of preparatory activities.

This project for the construction of gas pipeline and two compressor stations is also included in the EU list of projects of common interest (PCI), while the pipeline is included in CESEC list of projects which should ensure diversification and security of supply of natural gas to the EU member states in Central and Southeastern Europe.

In less than a year, Plinacro has drew a little more than 7 million euros from CEF fund, transmits Serbia-energy.eu

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