Hamilton, Bermuda - 21 August 2024 Höegh LNG Holdings Ltd. ("Höegh LNG") today reports its interim financial results for the quarter and first half ended 30 June 2024. The group reported an EBITDA of USD 75 million for the second quarter of 2024, compared to USD 79 million for the preceding quarter. In the second quarter, Hoegh Giant completed its commissioning for FSRU operations in Brazil. Furthermore, Höegh LNG and AIE announced an interim FSRU deployment of Hoegh Galleon with EGAS in Egypt for a period of about 20 months, after which the FSRU is expected to be deployed to AIE’s LNG terminal currently under construction at Port Kembla, Australia. Hoegh Galleon arrived in Egypt and completed its commissioning in June. Höegh LNG continues to develop its clean energy business. In June, Höegh LNG and Deutsche ReGas signed an MOU to develop a floating hydrogen import terminal in the German port of Lubmin. The terminal will be the world’s first floating green ammonia cracker, producing around 30 000 tons of hydrogen per year. About Höegh LNG: Höegh LNG is a pioneer within maritime energy infrastructure, providing countries and energy companies with rapid, flexible and cost-efficient access to global energy markets. We are a leading innovator, owner and operator of Floating Storage and Regasification Units (FSRUs) and LNG carriers (LNGCs). In addition to providing energy security, our assets support the transition to renewables by providing reliable access to lower carbon natural gas and a flexible infrastructure solution for delivering carbon-free energy. Visit our website at hoeghlng.com. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act or the Continuing Obligations of Oslo Børs. Hoegh LNG press release |