Norwegian ship owner Höegh LNG has exercised an option
for a fourth new floating storage and regasification unit
(FSRU) to be built at Hyundai Heavy Industries in South Korea,
officials said on Tuesday.
The vessel will be able to operate as a floating LNG import
terminal, as well as an ordinary LNG
carrier, according to the company.
The FSRU will be delivered in the first quarter of 2015, and
its specifications will be adapted to comply with relevant project requirements.
With our three FSRUs on order allocated to specific projects in Indonesia, Lithuania,
and Chile, Höegh LNG
continues its growth within the floating regasification
market, said Sveinung J.S. Støhle, CEO of
We are involved in several new floating LNG import
terminal projects being developed worldwide,
and our purpose built FSRUs with larger storage and
regasification capacity, higher energy efficiency and improved
reliability have proven to be
appreciated by our customers.
Our strategy to expand in the floating regasification
market worldwide remains firm."
Höegh LNG operates a fleet of six LNG
carriers and two floating storage and regasification units
(FSRUs). Furthermore, it has three FSRUs under construction at Hyundai Heavy