Tariffs methodology for LNG terminal put on public hearing – Croatia, 21 June 2016

On 14 June, Croatian Energy Regulatory Agency (HERA) began a public hearing regarding the proposed methodology of determining the amount of tariff items for handling liquefied natural gas (LNG).
This public hearing will last until 5 July and the document will be crucial for potential operator of future LNG terminal, buyers and the profitability of investment in floating LNG terminal on Krk island. The proposal is based on a method of incentive regulation and a method of maximum allowed revenue. It determines the model of regulation of energy activities in LNG terminal operation, formula and elements for the calculation of allowed revenues of operator, the auditing procedure for allowed revenue, tariff items and the way and criteria for the their calculation.

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