Dec 21 (LNGJ) - Hoegh LNG, the Norwegian fleet owner and specialist in floating storage and regasification unit projects, said it signed a charter accord with Australian company AGL Energy for the provision of an FSRU for a venture at Crib Point in the state of Victoria. Hoegh said the charter was for 10 years and was conditional on AGL taking a final investment decision for the venture, scheduled for start-up by 2021.
The Norwegian company estimates annual earnings from the charter of between US$29 million and US$31M, depending on technical specifications. “We are delighted to have been awarded the contract with AGL for their new LNG import project,” said Hoegh President and Chief Executive Sveinung J. S. Stohle. “ Our modern FSRU solutions offer our clients the quickest, most cost-efficient and most flexible method of connecting a new market to global LNG trade,” added the CEO.
