Höegh LNG - Interim results for the quarter ended 30 June 2013

Highlights
- Total income USD 51.3 million, up from USD 32.3 million in the second quarter 2012
- Operating profit before depreciation USD 7.3 million, down from USD 9.7 million in the second quarter 2012
- Loss before tax USD 6.0 million, compared to a gain of USD 0.6 million in the second quarter 2012
- Commitment letters received from five international banks for a USD 299 million limited recourse facility for the debt financing of the floating storage and regasification unit and mooring system to be located in Lampung in Indonesia
- Time charter entered into with Gas Natural for LNG Libra
Subsequent Events
- Awarded a pre-FEED study for a jetty-moored Barge FLNG solution for a North American LNG export project
- Awarded a pre-FEED study for an offshore moored FLNG project in Asia
"We are very pleased to see our newbuilding programme proceeding according to schedule and on budget, with the first vessel now 87% complete.  We are also pleased to have been awarded two important engineering contracts for potential FLNG projects in North America and Asia."
Sveinung J.S. Støhle
President and Chief Executive Officer
To read the full report, click: http://hugin.info/143849/R/1725136/575195.pdf
Source: Höegh LNG