Höegh LNG said it has received commitment letters from five international banks for a USD 299 million limited recourse facility for the financing of the Lampung FSRU project. The facility includes USD 237 million in long term financing for the FSRU, and USD 62 million in construction financing for the Mooring System. The FSRU loan [...]
Höegh LNG of Norway said Friday that its floating LNG storage and regasification unit (FSRU) to be used as an LNG import terminal in Lithuania is almost complete for launching. The FSRU is being built at HHI’s shipyard in Ulsan, South Korea. In March 2012 Höegh LNG entered into a firm ten year time charter [...]
Höegh LNG has signed an agreement with GDF SUEZ which will form the basis for facilitating their use of the GDF SUEZ Cape Ann as the first floating storage and regasification unit in China. The vessel will serve the Tianjin project under a sub-charter between GDF SUEZ and China National Offshore Oil Corporation Gas & [...]
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The Cryodynamics Division of Ebara International Corporation announced their recent award of 10 Cryogenic Pumps for BW’s first Liquefied Natural Gas Floating Storage Regasification Unit (4ea Hull/Feed Pumps, 6ea Booster Pumps). This vessel will be the latest addition to BW’s fleet of 16 LNG carriers, building on and increasing its existing LNG expertise. “This FSRU [...]
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An important milestone was reached at the keel laying of hull number 2548 at Hyundai Heavy Industries in South Korea on 27 February 2013, Höegh LNG said in statement. The floating storage and regasification unit (FSRU) being built will be used as a floating LNG import terminal in Indonesia. The term of the contract with Perusahaan [...]
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A launching ceremony was held on Tuesday at Drydocks World shipyard for the floating regasification terminal “FSRU Toscana” of OLT Offshore LNG Toscana. The terminal will reach Italy in the second quarter of 2013 and will be located 22 kilometres off the coast between Livorno and Pisa. The terminal “FSRU Toscana” will be transferred from [...]
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BW said it has signed a ship-building contract with Samsung Heavy Industries of South Korea for BW’s first Liquefied Natural Gas Floating Storage Regasification Unit (LNG-FSRU). Expected to be delivered in 2015, it will be the latest addition to the company’s fleet of 16 LNG carriers, building on and increasing its existing LNG expertise. This [...]
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MODEC announced the award of a Tower Yoke Mooring System by Höegh LNG to its subsidiary, SOFEC Inc. The Tower Yoke will provide a permanent mooring for the FSRU, 20 km offshore, south east Sumatra, in a water depth of 23 meters. The system includes a Swivel Stack assembly and riser piping to export gas [...]
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OLT Offshore LNG Toscana said in a statement that its planned launch of the Livorno FSRU is delayed for the third quarter of 2013 due to delays of the construction of the FSRU at a Dubai shipyard. “This will be reflected on the arrival of the ship off the coasts of Livorno, expected now for [...]
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Höegh LNG said it entered into a firm agreement with four banks for a USD 250 million corporate facility for the financing of the FSRU to be delivered for the Klaipedos Nafta FSRU project in Lithuania. The four banks are DNB Bank ASA, Nordea Bank Norge ASA, Skandinaviska Enskilda Banken AB (publ) and Swedbank AB. [...]
