Höegh LNG maintains operating profit in first quarter

Demand for floating terminals for importing liquefied natural gas (LNG) is strong, according to the company.
Höegh LNG charters out FSRUs to energy companies, and demand for the floating terminals has been increasing in recent years. | Photo: Höegh LNG
Höegh LNG charters out FSRUs to energy companies, and demand for the floating terminals has been increasing in recent years. | Photo: Höegh LNG

Höegh LNG, which operates floating storage and regasification units (FSRUs), ended the first quarter with an operating profit in line with the fourth quarter of 2023 in a year when management expects strong demand.

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