Hoegh LNG charters FSRU to Spain’s Naturgy

Image courtesy of Höegh LNG

Norway’s FSRU giant Höegh LNG has entered into a time charter contract with Spanish LNG player Naturgy for its ninth floating storage and regasification unit.

The time charter starts in December 2018, immediately after the delivery of the unit and a positioning voyage from South Korean shipbuilder Hyundai Heavy Industries, according to a Höegh LNG statement released on Wednesday.

Under the contract, which has a term of 15 months, the FSRU will earn a fixed daily charter rate which is in line with the current medium-term market for DFDE LNG carriers, the statement said.

Sveinung J.S. Støhle, chief executive of Höegh LNG said the company was pleased to further develop its strong relationship with Naturgy, a long-time business partner of Höegh LNG.

“This charter party will cover the period from delivery of the ninth FSRU until planned start-up for prospective FSRU projects, and it further demonstrates once again the premium trading qualities of our FSRUs,” Støhle said.

He added that from the commencement of this contract, Höegh LNG’s fleet would be fully employed.

Share this article

Follow LNG World News


<< Apr 2019 >>
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 1 2 3 4 5

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >

Central and Eastern Europe SSLNG Forum

SSLNG projects are important for Central and Eastern Europe (CEE) because they offer opportunities for solving issues…

read more >

Klaipeda LNG Forum 2019

Klaipėda LNG forum 2019 organised by Klaipėda Science and Technology Park, Klaipėdos nafta and Embassy of the Netherlands will take place on the 15-16 May at Klaipėda Castle’s site hall, Lithuania.

read more >

Flame 2019

Flame is Europe’s largest gathering of midstream gas & LNG players, bringing together everyone who matters – from producers to utilities, purchasers, infrastructure providers, traders, regulators and policy makers.


More info

read more >