Norway’s Hoegh LNG has boosted its hold in the LNG market with a new order and a stake purchase.The outfit has exercised an option for a fourth floating storage and regasification unit at Hyundai Heavy Industries.And, it has acquired a 50% share of the 153,600-cbm STX Frontier LNG carrier (built 2010) from STX Pan Ocean.Hoegh LNG said the new order at the South Korean shipyard will be able to operate as a floating LNG import terminal, as well as an ordinary LNG carrier.
Hoegh LNG does the double
Norwegian outfit orders fourth FSRU at HHI and takes 50% stake in LNG carrier.
1 October 2012 9:39 GMT
Updated
1 October 2012 9:39 GMT
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