A dispute with Indonesia's PGN LNG over one of its floating storage and regasification units has pushed Hoegh LNG Partners to slash its dividend to a cent.

The New York-listed gas carrier owner said after the close on Tuesday that its attempts to refinance the 170,000-cbm PGN FSRU Lampung (built 2014) had been stymied by PGN's decision to try to terminate the vessel's charter.