Höegh LNG to proceed offering FSRU providers in Colombia

Norwegian proprietor and operator of LNG carriers and FSRUs Höegh LNG has prolonged and expanded its providers to LNG import terminal Sociedad Portuaria el Cayao (SPEC LNG) in Cartagena, Colombia.

Höegh LNG stated the settlement with SPEC allows continuity and enhance of power provide by way of not less than 2031, with each corporations remaining dedicated to sustainable operations and lowered emissions over the approaching years.

The Norwegian firm famous that as Colombia faces a major shift in its energy necessities and a decline in home fuel provide, LNG is positioned to proceed supporting electrical energy technology and offsetting the projected pure fuel deficit for industrial/residential demand.

Erik Nyheim, CEO of Höegh LNG, said: “The renewal of our longstanding cooperation with SPEC LNG demonstrates how helpful floating terminals could be, as dependable, sustainable and scalable infrastructure options. We’re happy to assist Colombia safe entry to worldwide LNG markets and make sure the reliability of its power system.”

Jose Maria Castro, Managing Director of SPEC LNG, commented: “This constructive information arrives at a vital second for Colombia. The extension of the FSRU providers and the potential for using the regasification capability of SPEC LNG as much as 533 MMscfd will contribute to the long-term provide of pure fuel and strengthen power reliability within the nation.”

To notice, Höegh LNG’s FSRU Höegh Grace has been delivering LNG storage and regasification providers to the SPEC LNG import terminal for the previous seven years,