Caspian Energy (CE): How would you evaluate the results of the 3rd Ministerial Meeting of the Southern Gas Corridor (SGC) Advisory Council?
Slaven Dobrović, Minister of Environment and Energy of Croatia: Croatia is not directly involved in the ongoing TANAP and TAP projects, but we are interested in becoming a part of the project through the Ionian Adriatic Pipeline (IAP). We are therefore here because we are dedicated to the security of supply and diversification of the gas market. The Croatian part of IAP, from the City of Split to the border with Montenegro, is 252 kilometres long and its construction is valued at EUR 330 million.
South Eastern Europe is facing the problem of having one dominant supplier, and in the recent past, we were facing serious issues with the price and availability of gas. That is why we are launching the LNG floating unit project on the Island of Krk in the Adriatic Sea, which will also secure an additional gas supply route. Gas is the best possible fossil fuel in terms of its environmental features, namely the purity and quality of combustion. It is therefore going to come in very useful in the energy transition towards the most sustainable future involving a large share of renewables.
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