Höegh LNG of Norway said its operating profit before depreciation for the third quarter of 2012 was USD 13.2 million, up 53% from USD 8.6 million in the third quarter 2011.
Highlights
Subsequent events
“ In the third quarter we were pleased to be selected preferred bidder for a new FSRU project in Chile. Based on this, we decided to order a fourth new FSRU and in addition we exercised the option to purchase 50% of the LNG carrier STX Frontier.
“We are also pleased to have raised USD 130 million in the Norwegian bond market, and USD 250 million in bank debt backed by export credit agencies for our FSRU project in Lithuania ,” said Sveinung J.S. Støhle President and Chief Executive Officer of Höegh LNG.
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LNG World News Staff, November 30, 2012; Image: Höegh LNG