Norway’s Hoegh LNG has found a home for the first of its 170,000-cbm floating storage and regasification unit newbuildings, writes Lucy Hine.



The company said this week it has sealed a binding heads of agreement with Indonesia’s Perusahaan Gas Negara to provide an FSRU for the Medan LNG import terminal off North Sumatra.



The 20-year charter party, which Hoegh said is the first agreement of this length in the FSRU sector, has still to be finalised.



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