Höegh LNG : Awarded long term FSRU contract in Ghana
Höegh LNG signed on 1 December 2016 an FSRU contract with Quantum Power Ghana Gas Limited ("Quantum Power") for the Tema LNG import terminal located close to Accra in Ghana ("Tema LNG Project"). The Tema LNG Project is supported by the Ghana National Petroleum Corporation (GNPC), Ghana's national oil and gas company. The contract is for a period of 20 years with a five year extension option for charterer and is expected to generate an average annual EBITDA of around USD 36 million. The contract is subject to Quantum Power obtaining necessary governmental approvals, financial close and