Höegh LNG posts profits increase as floating import projects advance in Europe, Brazil and Australia
Höegh LNG Ltd, the owner and operator of 13 LNG vessels including floating storage and regasification (FSRU) units, said it was focusing ensuring that FSRU projects commence operations as planned for customers in Germany, France and Brazil over the coming months as it posted increased profits.
Höegh LNG gives report on FSRU deployed in China and is optimistic on growing imports
Höegh LNG, the Norwegian project company and fleet owner, said that coronavirus outbreak in China has not had any direct effect on the company’s revenues nor operations, including its floating storage and regasification unit deployed at Tianjin port in northeast China to supply Beijing.
Hoegh LNG posts steady earnings and expects lower prices to boost FSRU market in Asia
Hoegh LNG, the Norwegian shipping and project company, said the global market continued to grow as it was selected for three floating storage and regasification unit (FSRU) contracts and with various tenders also being processed as lower natural gas prices are helping import infrastructure demand in Asia.
