Hoegh LNG’s FSRU starts contract with Spain’s GNF

Image courtesy of Höegh LNG

Norway’s Höegh LNG said on Wednesday that its floating storage and regasification unit (FSRU) Höegh Giant has started its time charter contract with Spanish LNG operator Gas Natural Fenosa.

The initial term of the contract is three years, and it includes the option for Gas Natural Fenosa to utilize the unit as an FSRU at a pre-defined day rate and for a pre-defined term.

Until FSRU employment is established, the 170,032-cbm unit will trade in Gas Natural Fenosa’s fleet, earning a LNG carrier spot-market-linked day rate, Höegh LNG said.

The Höegh Giant will transit the Panama Canal destined for Cheniere’s Sabine Pass liquefaction facility in the United States, where it will load its first cargo under the Gas Natural Fenosa contract.

For the additional 6 FSRUs and 2 LNGCs in the operating fleet, Höegh LNG said that all units “continue to operate in accordance with their long term contracts.”

Share this article

Follow LNG World News

Events>

<< Jan 2019 >>
MTWTFSS
31 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

Downstream 2019

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

read more >

Gas to Power APAC Congress 2019

The Gas to Power APAC Congress will bring together regional government officials and senior representatives from regulators…

read more >

2nd CWC Japan LNG & Gas Summit

The highly successful CWC Japan LNG & Gas Summit returns for a second year from 19-20 February 2019 in Tokyo, Japan…

read more >

Global LNG Forum 2019

Global LNG Forum is your opportunity to see what the future of LNG will be like…

read more >