Höegh LNG - Naming Ceremony for the PGN FSRU Lampung

PRESS RELEASE

The naming ceremony for "PGN FSRU Lampung", the second of the four large and modern FSRUs that Höegh LNG has under construction at Hyundai, took place today, 7 April 2014. "PGN FSRU Lampung" will serve the Lampung FSRU project that will be located in Lampung, on the southern tip of Sumatra in Indonesia. The project is on schedule to commence operation in June 2014 and the mooring installation, a Tower Yoke that is also part of the company's scope, has already been installed on site in Lampung.

Sveinung J.S. Støhle, CEO and President of Höegh LNG, says: "Höegh LNG is pleased to celebrate this important milestone with Perusahaan Gas Negara and to provide them with this landmark FSRU project. FSRUs represent a quick, flexible and less capital intensive solution in securing countries new LNG import capacity, and has proven to be an ideal solution in meeting Indonesia's need for energy. Our company looks forward to the start-up of the project in June and continuing our excellent relationship with Perusahaan Gas Negara."