LNG

Sept 5 (LNGJ) - Hoegh LNG has entered into a time charter contract with Naturgy Energy Group of Spain, formerly Gas Natural Fenosa, for its ninth floating storage and regasification unit. The 15-month time charter commences in December 2018, immediately after the delivery of the unit and a positioning voyage from Hyundai Heavy Industries in South Korea. “We are pleased to further develop our strong relationship with Naturgy, a highly reputable and ambitious LNG portfolio player and a long-time business partner of Hoegh LNG,” said Sveinung J.S. Stohle, President and Chief Executive of Hoegh. “ This charter party will cover the period from delivery until planned start-up for prospective FSRU projects, and it further demonstrates once again the premium trading qualities of our FSRUs,” stated Stohle.