Hoegh: Gas Natural Extends LNG Libra Charter

Höegh LNG said on Wednesday that Gas Natural has exercised its option to extend the charter period for the 126,000 cbm LNG Libra with redelivery by year end 2014, a total period of around 13 months.

Höegh LNG announced in April that the LNG Libra was chartered to Gas Natural for operation between Trinidad and Escobar, Argentina until mid November 2013.

In addition, Gas Natural has an option to extend the charter period with up to an additional 12 months to end December 2015, Höegh said.

The EBITDA contribution to Höegh LNG for the extended period is around USD 8.7 million. If the option for further extension is exercised, this will contribute around USD 6.6 million to the EBITDA.

The company also revealed today that the physical construction of its fourth new FSRU began with steel cutting at Hyundai Heavy Industries on 11 November.

LNG World News Staff, November 13, 2013; Image: Höegh LNG

 

Share this article

Follow LNG World News

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

The 6th CWC China LNG & Gas International Exhibition & Summit

Following on from LNG 2019 and five successful editions in Beijing, the established China LNG & Gas International Exhibition & Summit…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >