höegh in A Sentence

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    Combined with the recent three newbuilding debt facilities, Höegh LNG continues to demonstrate support from a wide group of leading international banks and credit institutions, now also including CCB.

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    Höegh LNG said it intends to fix the interest rate, and based on the current swap rate environment, the fixed interest rate is expected to be around 6 percent.

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    In response, and to meet additional natural gas demand with sufficient regasification capacity, the floating storage and regasification unit(FSRU) Höegh Esperanza has been chartered to CNOOC and will operate as an FSRU in Tianjin.

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    This agreement is also fully in line with HLNG's strategy of expanding our activities in China, where we currently have the FSRU Höegh Esperanza on charter to CNOOC, and are actively pursuing new projects.”.

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    Höegh Esperanza is fully financed at a fixed interest rate of approximately 4%, with the US$200 million debt portion expandable to US$230 million once long-term employment has been secured, as further set out in the stock exchange notice of 24 July 2017.

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    The global floating liquefied natural gas(LNG) trade reached 236 million tonnes in the first nine months of 2018, up by 7.1% from the same period of 2017 on a combination of robust Asian demand and new supplies of LNG from Australia and the USA, said Höegh LNG.

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