Hoegh in FSRU Pact with Qatar’s Nakilat

Norwegian and Qatari vessel owners team up to work on possible future floater projects.

News ID: 75158

Date: 24 July 2017 - 13:51

Norway’s Hoegh LNG has struck a deal with Qatar Gas Transport Company (Nakilat) that could see the companies partner up in the floating storage and regasification unit market, MANA correspondent reported.

Oslo-listed Hoegh and Qatar’s national liquefied natural gas shipping player Nakilat said they signed the memorandum of understanding with on Tuesday.

Nakilat managing director Abdullah al Sulaiti said: "Nakilat views this strategic alliance as a huge stepping stone for further growth.

“This agreement paves the way for greater business," he added.