Wärtsilä to extend regasification capacity for Croatian LNG terminal
Wärtsilä Corporation, Press release, 15 June 2023 at 10.30 AM EEST
Technology group Wärtsilä has been contracted to extend the capacity of the regasification system installed onboard the ‘LNG Croatia’ with a new regasification module. The 280-metre long Floating Storage and Regasification Unit (FSRU) vessel is owned by Zagreb based LNG Hrvatska, and acts as the company’s LNG terminal on Krk island. The order for the new system was booked by Wärtsilä in Q2, 2023.
The new module will supplement the vessel’s existing onboard Wärtsilä regasification system and increase the terminal’s capacity with 212 mmscfd (million standard cubic feet per day) or 250,000 m3 per hour. The expanded capacity helps position Croatia as an energy hub for the region.
“The existing Wärtsilä regasification module onboard the ‘LNG Croatia’ has been efficient and reliable. We are pleased therefore to once again turn to Wärtsilä for this new unit that will allow us to meet our expansion plans,” said Ivan Fugaš, Managing Director of LNG Hrvatska.
“The expansion project for the Krk terminal is very significant in strengthening Croatia’s energy security and gas supply. We at Wärtsilä are very proud to support this project with our advanced regasification technology. This latest order reflects the fact that our systems represent an industry benchmark in terms of energy efficiency, robustness, and operational flexibility,” commented Kjell Ove Ulstein, Sales and Marketing Director, Wärtsilä Gas Solutions.
In addition to the new regasification train, Wärtsilä will also supply the engineering for the capacity conversion. The plant will be installed during summer 2025.
The project represents a significant investment in Croatia’s energy infrastructure, and is expected to have positive economic and environmental impacts. As the country continues to prioritize sustainable energy solutions and reduce its reliance on fossil fuels, the expansion of the LNG terminal represents a crucial step forward.
Wärtsilä Gas Solutions is a market leader with innovative systems and lifecycle solutions for the gas value chain. Our main focus areas are handling of gas in seaborne transport (storage, fuel, transfer and BOG management), gas to power, liquefaction and biogas solutions. We help our customers on the journey towards a sustainable future through focus on lifecycle, innovation and digitalisation.
Media contact for more information on this release:
Elin Saure Hasund
Sales & Marketing Coordinator, Gas Solutions
Wärtsilä Marine Systems
Tel: +47 91721144
[email protected]
Image caption: Mr.Kjell Ove Ulstein, Sales & Marketing Director, Wärtsilä Gas Solutions and Mr. Hrvoje Krhen, previous Managing Director of LNG Hrvatska (Croatia) © LNG Hrvatska
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Wärtsilä Marine Systems in brief:
Wärtsilä Marine Systems supports customers with high quality products and lifecycle services related to the gas value chain, exhaust treatment, shaft line and underwater repair. We are committed to providing the latest and most efficient solutions, in line with Wärtsilä’s vision for a safe and sustainable future for our customers, our communities and our planet.
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Wärtsilä in brief
Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasise innovation in sustainable technology and services to help our customers continuously improve their environmental and economic performance. Our dedicated and passionate team of 17,500 professionals in more than 240 locations in 79 countries shape the decarbonisation transformation of our industries across the globe. In 2022, Wärtsilä’s net sales totalled EUR 5.8 billion. Wärtsilä is listed on Nasdaq Helsinki.
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