Tuesday Aug 4, 2015
István Pataky | Source: Magyar Nemzet
Grlic-Radman: Hungary has a surplus of bilateral trade and Croatian exports have grown. Cooperation is especially intensive between towns and counties along the two sides of the common border.
Q: It is seems as if Zagreb were taking a revenge on Hungary for the INA–MOL showdown (see our earlier stories on the tensions between the two companies) by dragging feet in completing an interconnection pipeline that could supply gas either way.
A: This is an EU-backed project and Croatia has started realizing it. But such a major project needs time and its timing has nothing to do with the INA–MOL case.
The liquefied natural gas terminal is to be built on the island of Krk. The terminal’s value, alongside related compressor stations and pipelines, is estimated at EUR 1 billion. The LNG terminal has been included in the European energy security strategy. Its construction is to begin in mid-2016 and last for three years. The terminal is planned to supply natural gas both to Croatia and some of its neighbors, including Hungary.
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