Höegh LNG - Delivery of LNG Libra
Reference is made to stock exchange notice dated 5 August 2011 whereby Höegh LNG Holdings Ltd. (HLNG) announced the purchase of the 1979 built 126,400 m3 LNG Libra from BGT Limited (a subsidiary of Mitsui O.S.K Lines) and the stock exchange notice dated 10 January 2012 where it was announced that the vessel would be chartered out to the North West Shelf project (NSW) in Australia.
Today, on the 16th July 2012, the vessel was delivered to Höegh LNG Ltd. in Singapore and will remain in Singapore until tomorrow, when she will be delivered to NWS to commence her 6 month charter. Technical management will continue to be provided by MOL LNG Transport (Europe) Ltd. during her charter with NWS.
Höegh LNG's President and Chief Executive Officer, Sveinung Støhle, said in a comment: "We are pleased to have taken delivery of the LNG Libra from our long standing partner Mitsui OSK Lines and look forward to commencing the charter with NWS. We are very pleased to serve NWS and further develop our relationship with them."
About Höegh LNG
Höegh LNG is a fully integrated floating LNG services company with almost 40 years experience, offering long-term floating production, transportation, regasification and terminal solutions for the liquefied natural gas (LNG) market.
The company operates a fleet of five LNG carriers and two floating storage and regasification units (FSRUs). In addition to transporting LNG, the FSRUs act as floating LNG import terminals delivering natural gas to the market. Höegh LNG has three FSRUs on order at Hyundai Heavy Industries. The company holds a significant project development portfolio for floating regasification as well as floating LNG production (FLNG).
Headquartered in Oslo, Norway, Höegh LNG has established presence in Singapore, London and Florida. In total the Company employs about 70 office staff and about 350 sea farers.
Contacts:
Sveinung Støhle, President and Chief Executive Officer, Telephone +47 975 57 402
Steffen Føreid, Chief Financial Officer, Telephone + 47 975 57 406
Arild Jæger, Head of Investor Relations, Telephone +47 975 57 408
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act or the Continuing Obligations of Oslo Børs.