Hegh Sells LNG carrier LNG Libra

30.07.15, 10:43

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Hegh Sells LNG carrier LNG Libra

" Published: Thursday, 16 July 2015 06:41

Hegh LNG announced today that the Company has sold the LNG carrier LNG Libra to a Chinese

approximately $20 million USD. Hegh LNG noted it has received 15% of the purchase price and w

remaining 85% by the end of the first quarter 2016, after the vessel has completed her current char

Hegh LNG's President and Chief Executive Officer, Sveinung J. S. Sthle, said in a comment: "LN

acquired to meet the bid conditions for a specific FSRU project as a conversion candidate, howeve

placing one of our newbuild FSRUs instead. Since HLNG's main focus is newbuild FSRUs and thes

preferred solution among LNG importers, LNG Libra is today a non-core asset, and therefore we ar
having completed this transaction in a very challenging LNG shipping market."

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Hegh Sells LNG carrier LNG Libra

30.07.15, 10:43

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LNG Global 2015

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