Höegh LNG's concepts include the Floating Storage and Regasification Unit (FSRU) and Höegh LNG’s proprietary system, the “Shuttle and Regasification Vessel” or SRV. The SRV is also a “floating terminal” and can double as an FSRU. We will also offer marine transportation of Compressed Natural Gas (CNG) in co-operation with partners.

Höegh LNG has since early 2001 focused considerable effort in developing and promoting floating LNG regasification terminals, and this was crowned with success when the Neptun vessels were ordered in 2006. It is increasingly difficult for environmental, safety and security reasons to find suitable locations and obtain permissions to build new traditional onshore LNG receiving terminals in several important gas markets around the world.

We are confident that there is a sizeable world-wide potential for such concepts, and we therefore intend to pursue this to its fullest potential.

Midstream LNG value chain