LNG

Höegh LNG Holdings Ltd reported a net loss for 2021 because of increased expenses and a tax audit even as annual revenues increased to over $350 million for the year and the company sealed several key floating storage and regasification unit (FSRU) charter deals from Jamaica to Australia.

Leading Australian gas and power supplier AGL Energy with LNG import plans for south Australia has decided to split into two companies, one holding the assets of the retail electricity and gas business and another owning the infrastructure such as power plants.