Höegh LNG, China Construction Bank in FSRU deal

Höegh LNG, China Construction Bank in FSRU dealImage courtesy of Höegh LNG

Norway-based FSRU provider Höegh LNG said it has signed a 12-year sale and leaseback agreement with China Construction Bank Financial Leasing for its 10th FSRU.

Höegh LNG said in a brief statement through its social media channels the deal provides further diversification of its funding sources as it partners up with the world’s second-largest bank.

FSRU #10 is scheduled for delivery from Samsung Heavy Industries by August 2019, and the unit is part of ongoing processes related to long-term FSRU contracts with start-up in 2020 and 2021.

The company intends to deploy the FSRU at Australian Industrial Energy’s import project at Port Kembla, Australia.

Höegh LNG continues to evaluate alternatives for interim employment of the unit, with the ambition of best-combining exposure to the improving LNG carrier market and the certainty of cash flows, the company said at the end of May.

Share this article

Follow LNG World News

Events>

<< Oct 2019 >>
MTWTFSS
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

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >

LNG Bunkering Mediterrean

The only 3-day course offering theoretical and practical training on LNG bunkering designed by the Mediterranean market leaders.   

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >