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Home > News > THE SECOND ROUND OF BINDING OPEN SEASON PROCEDURE IS CLOSED

THE SECOND ROUND OF BINDING OPEN SEASON PROCEDURE IS CLOSED

Zagreb, 21 December 2018 - Until the deadline for submission of bids in the second round of the Open Season procedure for contracting the terminal regasification capacities which was on 20 December 2018, LNG Croatia received bids for binding capacities booking of the terminal in the amount of 0.52 billion cubic meters. In addition to the offers for binding capacities booking, conditional bids for non-binding capacity booking in the amount of 0.3 billion cubic meters were received. 

In accordance with the Rules for carrying out the binding phase of the Open Season procedure, the analysis of the economic test based on the received bids will be conducted. An economic test is a tool that allows estimating the profitability of the project in different scenarios. Depending on the results of the economic test, a decision on possible scenario for LNG terminal realization will be taken. Upon completion of the economic test, potential terminal users and all interested public will be informed.