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2 clusters · 5 sources · 20 days · First seen · Last updated

Croatia natural gas storage management

Overview

The Croatian government mandated that users of the Okoli underground gas storage facility near Kutina fill at least 85 percent of their leased capacity by October 1. As of mid-August, storage levels had reached 77 percent, an increase from 51 percent in July.

While gas procurement costs rose by 11 percent, the government implemented subsidies to mitigate the impact on end-users. In the Energa distribution area, including Rijeka, the subsidy was increased from 0.0005 to 0.0046 euros per kilowatt-hour, which is expected to keep household gas prices at current levels. The storage facility has an effective availability of approximately 350 million cubic meters, estimated to cover three to four months of domestic needs.

Entities

Croatia osiguranje · HERA · Ivica Jakić · Okoli · Energa

Timeline

  1. about 17 hours ago

    [BUSINESS] 3 sources
    Croatia to privatize stakes in dozens of state-owned companies

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  2. 20 days ago

    [BUSINESS] 2 sources
    Croatia targets 85% gas storage levels at Okoli facility

    Croatia is working to meet an 85 percent gas storage mandate at the Okoli facility, while government subsidies aim to shield households from an 11 percent rise in gas procurement costs.

Sources

index.hr · n1info.hr · novilist.hr · poslovni.hr · teleskop.hr