A planned privatisation by main shareholder Leif Hoegh & Co will help Hoegh LNG Holdings accelerate its development of zero-carbon energy solutions while building on its LNG assets.

Morten Hoegh, who was speaking to TradeWinds on behalf of the family holding company and as chairman of Hoegh LNG, said natural gas and LNG would play important roles as transition fuels, with demand for LNG forecast to grow 50% over the next 15 to 20 years, before declining as the world moves to zero-carbon.