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The first liquid oil gas regional terminal in Luka Ploce
Wednesday, 17.12.2014.
14:31
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In Luka Ploce, in Croatia, today, PDP Group started construction of LOG terminal where EUR 25 m will be invested.
New liquid oil gas terminal should be completed in a year and a half to two years and it will be used as the access to liquid gas from other sources in Croatia and region which will contribute to further market development and gas supplying security, Seebiz portal reports.
The terminal will expand on 24.461 m2 and will have a storage for propane, butane and their mix which will comprise of underground reservoir of 35.180 m3, i.e. 17.000 tons.
It is the first terminal of this kind at the Croatian side of the Adriatic, i.e. region.
In November, PPD Group became the biggest individual
owner at Luka Ploce with the stake of 24,95%,
and the decision to join the ownership structure was initiated with the signing
of sub-concession of contract between the group and the port lasting until 2055
which generated pre-conditions for liquid oil gas terminal construction. .
President of Croatia, Ivo Josipovic, attended the beginning of the LOG terminal
construction start.
