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Höegh LNG


Address: Drammensveien 134, 0277 Oslo, Norway

Tel: +47 97 55 74 00

Web: www.hoeghlng.com

Company description

Höegh LNG is a provider of maritime LNG transportation and regasification services. Its shares are publicly listed on the Oslo Stock Exchange. Höegh LNG's vision is to become one of the world's leading providers of floating LNG services. Höegh LNG's mission is to develop, manage and operate the group's assets to the highest technical and commercial standards, thereby maximising benefits to customers, owners and employees. Our core values are to be innovative, competent, committed and reliable. Höegh LNG is a pioneer in LNG transportation with almost 40 years of experience dating back to the delivery of Norman Lady in 1973. Höegh LNG is a fully integrated ship-owning company offering long-term floating production, transportation, regasification and terminal solutions for Liquefied Natural Gas (LNG). The company operates a fleet of two regasification vessels and five LNG carriers. In addition to transporting LNG, the regasification vessels act as floating LNG import terminals while delivering the natural gas to the market. With a strong emphasis on technological development and operational excellence, Höegh LNG is one of the LNG shipping companies with the most versatile operational experience and substantial know-how, in addition to an impeccable safety record.

Products and services

Höegh LNG's core products are LNG transportation and regasification services, with in-house ship management based in Oslo. The two regasification vessels, GDF Suez Neptune and GDF Suez Cape Ann, which are chartered on long-term basis to GDF Suez enabling the charterers to import LNG through the Neptune floating LNG terminal outside Boston, United States of America, by connecting to a submerged turret loading system and sending natural gas through a subsea pipeline to the grid. In 2011 and 2012 Höegh LNG ordered three new regasification vessels (FSRUs) to be built at Hyundai Heavy Industries in South Korea for delivery in 2014. The two first of these vessels are to be used for new floating LNG import terminals near Lampung in Indonesia and in the port of Klaipeda in Lithuania.

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