Plinacro

Last updated
Plinacro
TypeState-owned company
Industry Oil and gas industry
FoundedFebruary 1, 2001 (2001-02-01)
Headquarters,
Key people
Ivica Arar (President of the Board)
ServicesNatural gas transmission
OwnerRepublic of Croatia 100%
Subsidiaries Podzemno skladište plina d.o.o.
Website www.plinacro.hr

Plinacro is a natural gas transmission system operator in Croatia.

Contents

History

Plinacro was founded on 1 February 2001 as a subsidiary of INA. Since March 2002, Plinacro is a fully state-owned company. [1]

Operations

Plinacro operates 2,548.66 kilometres (1,583.66 mi) of high pressure gas pipelines. On 3 March 2009, Plinacro signed an agreement with FGSZ Zrt, a subsidiary of MOL Group, to build a 294-kilometre-long (183 mi)6.5 billion cubic metres (230 billion cubic feet) natural gas interconnector between Croatia and Hungary, which would allow two-way shipments after the Adria LNG terminal is built on the island of Krk. [2] Plinacro was also invited to the consortium building Adria LNG terminal. [3] [4] After failure of Adria LNG terminal, Plinacro participated in LNG Hrvatska project where they own 16% of stocks. [5]

Plinacro is participating in the work of creation of the New European Transmission System, a project to unite Central and South Eastern Europe's natural gas transmission networks. [6]

In January 2009, it was decided that Plinacro will buy the Okoli gas storage facility from INA as a result of the INA's takeover by MOL. [7] [8]

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References

  1. "Informativni letak o firmi" [Information leaflet about the company](PDF). Plinacro (in Croatian). 2017. Retrieved 3 February 2023.
  2. Zlata Zsolnay (2009-03-03). "Croatia, Hungary sign pipeline connection deal". Reuters. Retrieved 2009-04-04.
  3. Igor Ilic (2009-03-03). "Croatia, investors see no delay for LNG terminal". Reuters. Retrieved 2009-04-04.
  4. Igor Ilic (2009-01-20). "Russian gas cut may spur Croatia LNG project". Reuters. Retrieved 2009-04-04.
  5. "Izvješće o poslovanju i održivosti HEP grupe" (PDF). HEP grupa (in Croatian). Retrieved 7 January 2022.{{cite web}}: CS1 maint: url-status (link)
  6. "European energy infrastructure – NETS project" (Press release). MOL. 2008-11-24. Retrieved 2009-04-04.[ permanent dead link ]
  7. Igor Ilic (2009-01-29). "Croatia, MOL to sign new deal on INA". Reuters. Retrieved 2009-04-04.
  8. "Plinacro Gas Storage Project". European Bank for Reconstruction and Development. 2010-07-22. Archived from the original on 2013-01-21. Retrieved 2012-11-17.