Hoegh LNG shares come under selling pressure today after ExxonMobil reportedly withdrew from a FSRU project in Pakistan.
Oslo-listed Hoegh saw its shares reverse by more than 5% during morning trading following development.
Reuters reports that ExxonMobil's place at the table could be taken by Swiss trading house Vitol, which is in talks to join.
Total, Mitsubishi, Qatar Petroleum and Hoegh LNG are the other partners involved in the Pakistan project, which is expected to start in the second half of next year.
