As
reported
by
Upstream
last
month,
the
majority
state-owned
Klaipedos
Nafta
had
picked
Hoegh
LNG
over
compatriot
Golar
LNG
and
Excelerate
Energy
for
the
tender,
but
the
deal
had
yet
to
be
put
on
paper.
It
is
thought
the
contract
could
generate
around
$500
million
in
earnings
for
Hoegh
LNG.
Hoegh
will
put
one
of
its
two
newbuilds
currently
on
order
in
South
Korea
on
the
contract
which
offers
a
new
floating
LNG
terminal
at
Klaipeda
port.
The
shareholders
that
collectively
hold
a
30%
interest
in
Klaipedos
Nafta
have
still
to
approve…
