Norway’s Hoegh LNG hopes to see the North Amercian barge-based floating LNG (FLNG) production project it is working on sanctioned in just over six months.
Company president and chief executive Sveinung Stohle tells TradeWinds that a final investment decision (FID) could be taken by March or April with a view to seeing the unit in operation in mid-2018.
Hoegh, which listed a master limited partnership (MLP) spin-off in an initial public offering (IPO) on the New York Stock Exchange this month, announced that is has signed an “exclusive development agreement” with a company to provide an FLNG unit of around 1.5
