Prospective importer LNG Croatia has set a maximum price on its planned floating, storage and regasification unit that effectively rules out the use of newbuildings.

Those working closely with the project reveal that a cap of between $120m and $130m has been specified for an FSRU of around 145,000 cbm or larger.

They say the development body has also specified that providers need to take an equity stake in the unit, which is to be sited off Krk Island in Sepen Bay.