In the stock exchange notice dated 13 November 2013 Höegh LNG Holdings Ltd. informed that LNG Libra, a 126,000 cubic meter LNG carrier, was chartered to Gas Natural until year-end 2014. Gas Natural has today exercised its option to extend the charter period 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.
President and CEO Sveinung J. S. Støhle says in a comment: "We are very pleased that Gas Natural has extended the charter for LNG Libra and we are looking forward to continuing our good relations with our client. 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."