Höegh LNG Publishes Interim Financial Results


Höegh LNG Holdings Ltd. reported its interim financial results for the quarter ended 30 September 2023, sources Hoegh LNG.

Strategic Partnership

The group reported a total income of USD 140 million and an EBITDA of USD 89 million for the third quarter of 2023, compared to USD 127 million and USD 79 million for the preceding quarter. Furthermore, in the third quarter Höegh LNG entered into a strategic partnership with Aker BP to develop a fully comprehensive carbon transport and storage (CCS) offering for industrial CO2 emitters in Northern Europe.  Subsequent to the quarter end, Hoegh Gannet has successfully completed its commissioning period and commenced commercial regas operations in Germany.

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Source: Hoeghlng