Höegh LNG Holdings Ltd. (Höegh LNG) announces that AB Klaipėdos Nafta (KN) has notified Höegh LNG that KN exercises its option to acquire the floating storage regasification unit (FSRU) Independence

Höegh LNG: AB Klaipėdos Nafta declares purchase option to acquire Independence

The transfer of ownership is expected to occur in December 2024. 

Until then, the existing FSRU contract between a subsidiary of Höegh LNG and KN continues unchanged.

Höegh LNG operates world-wide with a leading position as owner and operator of floating LNG import terminals; floating storage and regasification units (FSRUs), and is one of the most experienced operators of LNG Carriers (LNGCs).