The board of directors of Höegh LNG Partners LP has declared a quarterly cash distribution with respect to the 3Q16 of US$0.4125 per unit. The distribution corresponds to an annualised distribution of US$1.65 per unit.
The cash distribution will be paid on 14 November 2016 to all unitholders of record as of the close of the business on 4 November 2016.
Höegh LNG Partners LP is a growth-oriented limited partnership formed by Höegh LNG Holdings Ltd, a leading floating LNG (FLNG) service provider. HMLP's strategy is to own, operate and acquire floating storage and regasification units (FSRUs) and associated LNG infrastructure assets under long-term charters. Its FSRUs have an average remaining firm contract duration of 13.6 years plus options as of 30 June 2016.
Read the article online at: https://www.lngindustry.com/floating-lng/24102016/hoegh-lng-partners-lp-declares-3q16-cash-distribution/