Croatia

Croatia: Omišalj LNG terminal begins testing of new regasification module, doubling capacity to 6.1 bcm

The newly installed regasification module at Croatia’s floating LNG terminal in Omišalj has entered the testing phase and will undergo several weeks of adjustments, the operator LNG Hrvatska announced. The upgrade is a key part of a major capacity expansion project at the liquefied natural gas terminal. According to LNG Hrvatska, the new module must […]

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Croatia: JANAF reports lower profit and revenue amid sanctions impact and market realignment

Croatian oil pipeline operator JANAF recorded a net profit of 33.3 million euros in the first nine months of 2025, marking a 10.2 percent decrease compared to the same period last year. Total revenues reached 96.4 million euros, down 3.3 percent year-on-year, while income from core business activities — oil transport and storage of crude

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Croatia: INA Group posts 140.9 million euro profit in first nine months of 2025, refinery upgrade nears completion

INA Group reported a profit of 140.9 million euros for the first nine months of 2025, excluding one-off items — a 15 percent decline compared to the same period last year. Net sales revenue rose slightly by 1 percent to 2.9 billion euros, while CCS EBITDA, adjusted for one-off items, increased by 7 percent year-on-year

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Croatia: Over 205,000 guarantees of origin sold latest renewable energy auctions

At the guarantees of origin (GO) auctions for electricity held on 29 October, a total of 205,606 GOs offered by HROTE, ENNA Next, and INA were successfully sold. The auctions were conducted as six parallel sessions through CROPEX’s IT trading platform, covering electricity generated from wind, biogas, and solar sources. HROTE sold 172,213 GOs from

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Croatia: HOPS announces CROPEX auctions to purchase electricity for transmission system losses

Croatian electricity transmission system operator HOPS has invited all interested electricity market participants to take part in an auction for the purchase of electricity to cover transmission system losses, which will be conducted via the CROPEX trading platform. Two separate auctions will be organized: Both auctions will take place on 4 November, between 11:00 and

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Croatia: Upgraded Krk LNG terminal enters final testing phase, doubling gas capacity and strengthening regional supply role

The upgraded LNG terminal in Omišalj, located on the Croatian island of Krk, has entered its final testing phase and is expected to begin full commercial operations in the coming days. This follows several weeks of complex preparatory and commissioning work aimed at ensuring the facility’s readiness. Ivan Fugas, Director of LNG Hrvatska, confirmed that

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Croatia: CROPEX and INA partner to launch auctions for solar guarantees of origin

The Croatian electricity exchange CROPEX has signed an agreement with oil company INA to organize auctions for the sale of guarantees of origin (GOs) owned by INA. Under the partnership, the GOs will be sold through auctions conducted by CROPEX using its dedicated IT trading platform. INA will initially offer guarantees of origin generated from

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Croatia: CROPEX records all-time high day-ahead trading volume of 50,747 MWh

At the day-ahead auction held on 20 October 2025 on the Croatian electricity exchange CROPEX for delivery on 21 October, the total traded volume on the day-ahead market reached 50,747.1 MWh. The highest hourly volume was recorded in the 35th position (15-minute MTU) with 2,501 MWh traded. This marks the highest daily traded volume on

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Croatia enters heating season with strong gas reserves and LNG expansion on Krk Island

Croatia is entering the new heating season with stable gas supplies, high storage levels, and the upcoming expansion of its LNG terminal on the island of Krk, which is set to become operational on 24 October. Dalibor Pudic, President of the Croatian Gas Association, stated that gas availability across Europe remains sufficient, supported by the

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Hungary and Croatia move to resolve tensions over oil supply, begin pipeline negotiations

Tensions between Hungary and Croatia appear to be easing after a period of sharp accusations, during which Croatian authorities were accused of benefiting from the war in Ukraine and sanctions on Russia. State-owned Croatian oil pipeline operator JANAF confirmed that Hungarian company MOL will send representatives to Zagreb next week to start negotiations on importing

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