LNG

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.

Hoegh LNG, one of the main LNG project companies with a growing fleet of floating storage and regasification units has found a Chinese financing deal for a sale and lease-bank transaction for one of its FSRU newbuilds.