Höegh LNG Holdings Ltd. (“Höegh LNG”) is pleased to announce that it today has completed and signed all documentation for its 10-year charter with H-Energy and selected the FSRU Höegh Giant to serve this agreement. The binding commitment was announced in a stock exchange notice on 19 November 2020. The agreement is for a period of 10 years with annual termination options after year five.

— Hellenicshippingnews

This is India’s first FSRU based LNG import terminal project.

Phoenix Legal advised Hoegh LNG led by a team of partner Abhishek Saxena, partner Pranav Srivastava, senior associate Nikhil Pareek, and associate Aashna Kothiyal from the Delhi office. In addition, partner Gautam Bhatikar and associate Shruti Salian from the Mumbai office advised on shipping law aspects.

2021-02-03

Deal value: NA

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