The 516km-long, upcoming Ionian Adriatic Project will be operated by Plinacro. This onshore, shallow water, gas pipeline, with a maximum diameter of 39 inches, will start in Fier (Albania) and ends in Split-Dalmatia (Croatia).
The Ionian Adriatic Project is expected to commence operations in 2025 and will be owned by Albgaz, BH-Gas, Montenegro Bonus, and Plinacro.
The Ionian Adriatic Project is associated with the 878km Trans Adriatic (TAP).
During the period 2021-2025, the Ionian Adriatic Project is expected to witness an estimated capex of $615.98m.
Plinacro Ltd (Plinacro) is a state-owned operator of natural gas transmission system. The company manages the development, construction, maintenance and supervision of the gas transmission systems in Croatia. It also carries out other activities necessary for technical functioning of the system. The company’s gas transmission system of high pressure main and regional gas pipelines, overhead facilities, measuring-reducing stations, measuring lines, and gas storage facilities. Plinacro also manages entry measuring stations, exit measuring-reduction stations and a National Dispatching Center. The company is also in charge of the construction of the infrastructural facilities for the national and regional gas pipelines. Plinacro is headquartered in Zagreb, Croatia.
Information on the pipeline is sourced from GlobalData’s Oil & Gas Pipelines database that provides detailed information on all active and upcoming, crude oil, natural gas, petroleum products and Natural Gas Liquids (NGL) trunk pipelines globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.