Höegh LNG has allowed a contract to provide an FSRU for the Penco-Lirquén terminal in Chile to expire because approvals for the project were likely to be delayed again, Höegh said on Thursday in its Q2 2018 earnings announcement.
Höegh signed a 20-year contract in May 2015 to lease the Esperanza FSRU, but the company was “made aware that the planned approval process for the GNL Penco FSRU project is likely to be further delayed, and therefore the parties have...
- You have reached an article available exclusively to subscribers
- Stay informed with exclusive, accurate and up-to-date energy news, analysis and intelligence. Sign up for 7-day trial access to this and more premium content. It's free!
- Get a free trial Already a subscriber? Sign in
