Hoegh LNG is homing in on a project in North America for its first floating LNG (FLNG) production project.

Speaking in a results briefing, company president and chief executive Sveinung Stohle said Hoegh is currently focusing on one particular project in the region and looking to complete commercial agreements in the next couple of months before deciding whether to proceed.

He cautioned that there are “still major milestones to be met” but said that so far things “look positive”.

Hoegh