Höegh LNG of Norway said that Spain’s Gas Natural has extended the charter period for LNG Libra.
The 126,000 cubic meter LNG carrier was chartered to Gas Natural until year-end 2014, and now the contract has been extended for further 12 months with redelivery at year end 2015.
The EBITDA contribution to Höegh LNG for the extended period is about USD 6.9 million, the company said in a statement.
President and CEO Sveinung J. S. Støhle said: “The extension underlines our excellent operating performance and Höegh LNG’s ability to secure employment for LNG carriers even at times of challenging market conditions.”
Press Release, September 26, 2014; Image: Hoegh LNG