Höegh LNG Partners sees closing of merger with Höegh LNG Holdings by Sept 23 and delisting from NYSE
Höegh LNG Partners, the company with five ships and listed on the New York Stock Exchange, has notified the NYSE of the anticipated closing date of around September 23 when its merger with Höegh LNG Holdings is finalised and its shares delisted.
Höegh LNG terminates FSRU charter for India and faces second Asia arbitration after long Indonesia case
Höegh LNG Holdings said the floating storage and regasification unit (FSRU) contract in India that would have been India’s seventh terminal has been terminated with Höegh claiming a default by the charterer while contractual terms have still to be worked out for two other FSRUs expected to be chartered to Germany.
Indian LNG imports fall for fifth month as year-on-year costs soar but domestic gas output rises again
Indian liquefied natural gas imports declined for a fifth month though at a much slower rate while year-on-year LNG costs soared and were partially offset by more domestic pipeline gas supplies coming ashore from the Bay of Bengal.
Indian LNG imports drop for fourth month but offset by domestic gas output amid Jaigarh FSRU delay
Indian liquefied natural gas imports dropped for a fourth month and by more than 10 percent as the costs of shipments rose at a slower pace and the debut of a seventh terminal was delayed by higher prices while offshore domestic gas pipeline supplies continued to increase on the East Coast.
Indian LNG imports stay on downward path but rate of fall slows amid higher prices and more domestic gas
Indian liquefied natural gas imports dropped for a third month, though by a lesser amount that the previous two months as the costs of LNG shipments soared, though falling volumes were again offset by offshore domestic natural gas pipeline supplies on the East Coast.
Indian LNG imports plunge for second month by 20 percent and are partly offset by East Coast domestic gas
Indian liquefied natural gas imports plunged over 20 percent for a second successive month as the costs of LNG shipments soared, though falling volumes were again offset by offshore domestic natural gas pipeline supplies on the East Coast.
Indian LNG imports drop as prices surge over 70 percent in fiscal first half and domestic gas output jumps
Indian liquefied natural gas imports dropped by over 7 percent, even more than in the previous month, as the costs of LNG shipments soared and the nation’s supply security was enabled by offshore domestic natural gas pipeline supplies that jumped more than 26 percent.
Two years after Indian PM opened first LNG terminal on East Coast Qatargas helps boost its deliveries
Two years after Indian Prime Minister Narendra Modi inaugurated the first Indian East Coast liquefied natural gas import terminal at Kamarajar Port, also known as Ennore, Qatargas has delivered its first and largest commercial cargo as the terminal seeks to boost its capacity utilisation, currently under 12 percent.
Shell India seeks partnerships for LNG filling stations and to expand small-scale distribution by trucks
Royal Dutch Shell’s subsidiary in India is exploring partnerships with other companies to expand the liquefied natural gas fuel market for vehicles and also expects LNG truck-loading bays to increase in number to enable wider distribution of small-scale volumes.
Höegh LNG says Indian FSRU start-up set for end of March and updates on Australia and Philippines
Höegh LNG, the Norwegian LNG fleet owner and floating terminal projects company, returned to profit in the fourth quarter as it prepared to deploy a floating storage and regasification unit (FSRU) as India’s latest import terminal in the West Coast port of Jaigarh in the state of Maharashtra.
