Höegh LNG - Interim results for the period ended 30 September 2013

Highlights

- Total income USD 45.7 million

- Operating profit before depreciation USD 10.9 million

- Loss before tax USD 2.6 million

- Signed USD 310 million limited recourse facility for the financing of the Lampung FSRU and mooring project in Indonesia

- Awarded pre-FEED study for jetty-moored barge FLNG solution for a North American LNG export project

- Awarded pre-FEED study for offshore moored FLNG project in Australia


Subsequent events

- Time charter for LNG Libra extended 13 months by Gas Natural

- Norman Lady sold


"We are pleased to see that we execute according to schedule on our FSRU strategy, and are on track for taking delivery of 3 new regas units in 2014. In addition, we continue our exit from the short term LNG transportation market through the sale of the Norman Lady."

Sveinung J.S. Støhle
President and Chief Executive Officer

Reference is made to Höegh LNG's interim report and presentation published on the Oslo Stock Exchange's www.newsweb.no and on www.hoeghlng.com.


About Höegh LNG

Höegh LNG is a provider of floating LNG infrastructure services, offering regasification, transportation and production services under long-term contracts.  The company operates a fleet of two floating storage and regasification units (FSRUs) which act as floating LNG import terminals, and four LNG transportation vessels. In addition, Höegh LNG has four new FSRUs on order and has developed a solution for floating LNG production (FLNG).  Höegh LNG is a Bermuda based company with established presence in Oslo, Singapore, London, Tampa and Jakarta.  The company employs about 85 office staff and 350 seafarers.

Contacts:

Sveinung J. S. Støhle, President and Chief Executive Officer, Telephone +47 975 57 402
Steffen Føreid, Chief Financial Officer, Telephone + 47 975 57 406
Arild Jæger, Vice President, Strategy and 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.