Höegh awarded FLNG pre-FEED study

Höegh FLNG Ltd., a fully owned subsidiary of Höegh LNG Holdings, has been awarded a pre-FEED study for a jetty-moored 2MM tonne/yr FLNG near-shore barge, FLNG solution for a North American LNG export project. The study will be executed in 2H 2013 with a potential for conducting a full FEED in 2014.

"We are pleased to be awarded this pre-FEED study and are confident that the results will show that our barge-based, FLNG designs will give our client a safe, technically-sound, and cost efficient solution for exports of LNG from the North American continent. This award further underscores Höegh FLNG's ability to compete for development of FLNG projects worldwide," says Sveinung J.S. Støhle, Höegh LNG's president and CEO, and chairman of Höegh FLNG Ltd.

Höegh LNG is a fully integrated floating LNG services company, offering long-term floating production, transportation, regasification, and terminal solutions for the LNG market. The company operates a fleet of six LNG carriers and two floating storage and regasification units (FSRUs).

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