Eighth FSRU for Höegh LNG
- Business & Finance
Höegh LNG Holdings today took delivery of Höegh Esperanza, its eighth floating storage and regasification unit (FSRU).
The 170 000 cbm FSRU has been constructed at Hyundai Heavy Industries (HHI) in South Korea and is designed for open, combined and closed loop regasification operation.
“Höegh LNG is currently in advanced negotiations for intermediate employment of Höegh Esperanza on a combined FSRU and LNGC contract with seasonal use in FSRU mode until the anticipated start date of its intended long-term FSRU contract in Chile,” the company said.
The FSRU has a maximum regasification throughput of 750 million standard cubic feet per day. It is equipped with a GTT Mark III membrane containment system and dual-fuel diesel-electric (DFDE) propulsion, the company said.
Höegh LNG has secured full financing for Höegh Esperanza, with the USD 200 million debt portion expandable to USD 230 million once long-term employment has been secured.
The company has two more FSRUs under construction at HHI and Samsung Heavy Industries.