Edition:
United Kingdom

Hoegh LNG wins contract in Australia


Friday, 21 Dec 2018 

Dec 21 (Reuters) - Hoegh LNG Holdings Ltd ::HÖEGH LNG : HÖEGH LNG SELECTED AS THE FSRU PROVIDER TO AGL'S CRIB POINT.CHARTER IS FOR A PERIOD OF 10 YEARS AND REMAINS CONDITIONAL ON BOARD OF DIRECTORS OF AGL ENERGY LTD. TAKING A FINAL INVESTMENT DECISION IN RELATION TO PROJECT AND RECEIPT BY CHARTERER OF KEY ENVIRONMENTAL PROJECT APPROVALS..FSRU ASSIGNED TO PROJECT IS EXPECTED TO GENERATE ANNUAL EBITDA OF BETWEEN USD 29 MILLION AND USD 31 MILLION DEPENDING ON PLANNED TECHNICAL MODIFICATIONS THAT MAY BE SPECIFIED BY AGL BEFORE PROJECT START-UP..