Höegh LNG - Naming Ceremony for the FSRU Independence

PRESS RELEASE

The naming ceremony for "Independence", the first of the four FSRUs that Höegh LNG has under construction at Hyundai, took place today, 19 February 2014. "Independence" will serve the Klaipedos Nafta FSRU project in Lithuania, and the President of Lithuania, H.E Dalia Grybauskaite, is the Lady Sponsor.

The Lithuanian Ambassador in Norway, Andrius Namavicius, said in a comment: "The day of inauguration of the vessel "Independence" by the President of Lithuania, Dalia Grybauskaite, is truly significant. "Independence" serves as an excellent example of reliable economic cooperation between the Republic of Lithuania and our Nordic friend - the Kingdom of Norway. It is symbolic that the naming ceremony nearly coincides with the Lithuanian Independence Day of February 16. Today Lithuania has made a significant step towards ensuring its energy security and creating a diversified and competitive energy market. I do believe that today's achievements will be followed by the further partnership and friendship of our countries."

Sveinung Støhle, CEO and President of Höegh LNG, says: "Höegh LNG is both honored and pleased to be part of a project that is of such great importance to the Lithuanian energy supply security and economy. This project is a prime example of the innovative, cost effective and flexible solutions HLNG's FSRU represent to its clients. Our company looks forward to the start-up of the project and a continued excellent cooperation with our client Klaipedos Nafta".  

From the left: President and CEO in Höegh LNG Sveinung Støhle, Chairman and CEO in Hyundai Mr J. S. Lee, Mrs Lee, Mrs Jannicke Høegh, President of Lithuania Dalia Grybauskaite, Deputy Chairman in Höegh LNG Leif Høegh, CEO in Klaipedos Nafta Rokas Masiulis, Chief Engineer on Independence Nils Petter Vik, Captain on Independence Kurt Preben Nielsen, Mrs Kim, President and COO in Hyundai Mr O.H. Kim