Project of Common Interest (PCI)

The European Commission has on 18th of November 2015 adopted a list of 195 key energy infrastructure projects which also includes the LNG terminal on the Island of Krk. These projects will help deliver Europe’s energy and climate objectives and form key building blocks of the EU’s Energy Union. The list of projects is an update of the PCI list adopted in October 2013. The projects – known as Projects of Common Interest (PCIs) – will enable the gradual build-up of the Energy Union by integrating the energy markets in Europe, by diversifying the energy sources and transport routes. One of the main conditions for a project to be included in the list of projects of common interest is to fulfil several criteria:

  1. Contribution to the market integration and further competition
  2. Enhancing to the security of natural gas supply
  3. Reduction of the CO₂ emissions

Enlisting the LNG terminal project, LNG Croatia LLC was granted the ability to access the financial support from the EU funds, faster and more efficient permit granting procedures with the improved regulatory treatment.      

Project of Common Interest (PCI)

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