Croatia's Krk LNG terminal set to become key US‑Europe energy hub

The European Union is accelerating the phase‑out of Russian gas, aiming to end imports by the end of 2027. As the United States emerges as the EU's largest supplier of liquefied natural gas (LNG), analysts say Croatia's floating LNG terminal on the island of Krk could play a pivotal role in supplying Central and Southeast Europe. After its recent upgrade, the terminal can receive about 6.1 billion cubic metres of gas per year – roughly two percent of the EU's total annual consumption – and is linked by pipelines to Hungary and a proposed interconnection with Bosnia and Herzegovina, creating a potential route for post‑war Ukraine.

U.S. Energy Secretary Chris Wright has promoted the "Trump Peace Pipelines Framework" to expand energy infrastructure across the region, while Croatian oil pipelines already connect the country with Bosnia, Hungary, Slovenia and Serbia, handling nearly half a million barrels of crude daily. The State Department notes that diversifying away from Russian energy strengthens regional stability and economic development.