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MET Group delivers milestone 100th LNG shipment to Krk Terminal

MET Group delivers milestone 100th LNG shipment to Krk Terminal

September 5, 2024
MET Group’s commitment to supplying end customers was symbolically marked by the arrival of the 100th LNG shipment to the Krk LNG Terminal. This event highlights the key role of Swiss-based MET Group, together with its local subsidiary MET Croatia Energy Trade, in strengthening the security of supply of both Croatia and the wider European region.

From the very beginning of the Krk terminal, MET Group has delivered a significant number of LNG shipments. “In addition to the 100th delivery, we are pleased that we had the opportunity to bring in the initial, ‘zero’ ship, planting a strong foundation for the future operations of the terminal. We are proud to be one of the leaders in this important project, providing reliable energy solutions to end customers and the wholesale market, thereby fostering economic development. Our commitment to remaining a key player in the Croatian energy sector is demonstrated by our lease of substantial regasification capacities at the Krk LNG Terminal until October 2032,” said Mario Matković, CEO of MET Croatia Energy Trade.

MET Group has one of the most diversified LNG import structures from a geographical perspective in Europe. The integrated energy company has long-term regasification capacity bookings in Germany, Croatia and Spain, and has imported into 8 different countries in recent years – including around the Mediterranean (Greece, Italy, Croatia, Spain), Northwest Europe (UK, Belgium, Germany) and the Nordic region (Finland). In 2023, MET delivered more than 30 cargoes of LNG to Europe.

MET Croatia Energy Trade is keen to further diversify Croatia’s access to alternative energy sources. The significant lease at the Krk LNG Terminal not only secures Croatia’s energy resources, but it also helps Central and Eastern Europe to become an integral part of the global LNG market.

 

MET Group

MET Group is an integrated European energy company, headquartered in Switzerland, with activities and assets in natural gas and power markets. MET is present in 15 countries through subsidiaries, 30 national gas markets, and 39 international trading hubs. MET has extensive experience in operating green (renewable) and flexible (conventional) energy assets, thus providing the widest possible support to energy transition. In 2023, MET Group’s consolidated sales revenue amounted to EUR 24.5 billion, with a total traded volume of natural gas amounting to 88 BCM and total traded electricity of 68 TWh.