Hoegh LNG reports Q4 revenue
Published by Joseph Green,
Editor
LNG Industry,
Reuters are reporting that Hoegh LNG Partners LP has reported preliminary financial results for the quarter ended 31 December 2016.
Q4 revenue stands at US$23.3 million.
Hoegh LNG Partners LP reported total time charter revenues of US$23.3 million for Q4 in 2016 compared to US$23.4 million of time charter revenues for Q4 in 2015.
Unscheduled repairs and maintenance during Q1 2017 on Höegh Gallant reduced operating income by the equivalent of approximately 5 days of offhire.
Hoegh LNG Partners LP intends to recommend that the board consider an increase in quarterly cash distribution of about 4 – 5% with respect to the quarter ending 31 March 2017.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/01032017/hoegh-lng-reports-q4-revenue/
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