Norway's Hoegh LNG has returned to profit for the first quarter as revenue rose.
It said net earnings were $6.3m, against a loss of $2.28m in the same three months last year.
Revenue grew to $55.43m from $47.4m as it benefited from solid cash flow from long-term contracts.
"The average regasification flow rate on Hoegh LNG’s FSRU fleet has almost tripled compared with the same quarter last year, owing to increased imports driven by ample supplies of LNG being available at low prices," it said.
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