Hoegh LNG Partners post profit

Hoegh LNG Partners post profit

Höegh LNG Partners, a unit of Höegh LNG, reported a net income for the three months ended June 30 of $16.3 million, an increase of $23.6 million from a net loss of $7.3 million in 2014.

Operating income for the second quarter was $18.7 million, an increase of $23.9 million from an operating loss of $5.2 million for the three months ended June 30, 2014.

Adjusted EBITDA was at $16 million, an increase of $9.9 million from the second quarter of 2014.

Richard Tyrrell, Chief Executive Officer and Chief Financial Officer stated: “The Partnership received full hire for all three FSRUs in the second quarter. The GDF Suez Neptune completed a scheduled modification and dry-docking in the second quarter while the GDF Suez Cape Ann and PGN FSRU Lampung continue to serve in China and Indonesia, respectively.”

LNG World News Staff; 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 >