Höegh LNG takes COVID-19 mitigation measures

Norway-based floating LNG giant Höegh LNG reached for mitigating measures to cope with the effects of COVID-19 outbreak and continue operations. 

The company informed in its statement that it has established a COVID-19 task force to monitor the situation and perform relevant risk assessment on a continuous basis.

Höegh LNG is implementing a work from home policy for all onshore employees while a ‘lockdown’ is in force on all vessels with no crew rotation and no visitors allowed onboard until further notice.

As of today, the company has no known cases of coronavirus infection for any employees in Höegh LNG’s offices or on any of its assets.

All FSRUs and LNG carriers in the fleet are fully operational and manned according to relevant safety requirements, the statement reads. The technical availability for the fleet is close to 100 percent year to date.

All charter parties remain in full force and effect and the revenues from the contracts are maintained as per their contractual terms, Höegh LNG said.

Commenting on the measures taken, Höegh LNG president and CEO, Sveinung Støhle, said, “All our assets are operating according to contracts and we are in close dialogue with all our customers to make sure any issues are addressed in a coordinated manner.”

“Despite the CVID-19 crisis, the LNG markets are functioning more or less as normal and commercial activities are making progress. Even with major populations being quarantined countries around the world need energy and electricity to function, where low priced LNG and flexible LNG is an attractive solution,” he added.

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