Hoegh LNG holds naming ceremony for its 7th FSRU

Norway-based floating LNG giant Höegh LNG has on Friday named its seventh floating storage and regasification unit (FSRU) in a ceremony at the Hyundai Heavy Industries’ shipyard at Ulsan in South Korea.

The 170,032-cbm FSRU named Höegh Giant will have a regas capacity of 750 MMscf/day.

Höegh LNG said before that the vessel would serve the Tema LNG import terminal located close to Accra in Ghana under a deal with Quantum Power Ghana Gas.

The contract is for a period of 20 years with a five-year extension option for Quantum Power.

Infrastructure construction for the LNG import project is expected to start in mid-2017 and the expected delivery time for the FSRU is 6 to 12 months following the start of the building work, according to Höegh LNG.

The Oslo-based company has currently six FSRUs in operation and four under construction.

LNG World News Staff