Terminal Name: Adria LNG > Project Overview

Last Updated:	October 10, 2008
Latest News:	On October 1, OMV, a developer of Adria, said that Krk would definitely be the site for the project. Construction is planned to begin by the end of 2009.

Developmental Status:	Proposed
Regulatory Status:
Financing Status:	Open
Recent prices:
Plant Startup:	2014
Looking Forward:	A Financial Investment Decision is expected by the end of 2009.

Quick Facts
Recent LNG Sources:
Normal Sendout Capacity (Bcfd):	10 bcmy
Peak Sendout Capacity (Bcfd):
Owner(s):	E.ON Ruhrgas (31.15%), OMV (25.58%), Total (25.58%), RWE (16.69%), Geoplin (1%)
Tenant(s):
Operator:
LNG Storage Capacity (cu.m):
Number of Tank(s):
Employees:
Estimated Capital Cost of Plant:	$1 Billion
Nearest Airport:	Zagreb International Airport
Location:	Island of Krk, north of the Dalmatian Coast
Country:	Croatia
Alternate Project name(s):	Croatia LNG
Notes:	September 4, 2008: Croatian president Stjepan Mesic said that the island of Krk was the logical location for the proposed Adria LNG terminal. The President noted that technical preparations should be made now. August 4, 2008: Croatia pushed back its envisioned startup date again, this time to 2014. The terminal is planned to have an initial capacity of around 10 billion cubic metres (bcm) of gas per year, which may be increased to 15 billion bcm eventually.