Höegh LNG Partners LP has announced that its board of directors has declared a quarterly cash distribution with respect to the quarter ended 30 September 2017 of US$0.43 per unit.
The distribution corresponds to an annualised distribution of US$1.72 per unit.
The cash distribution will be paid on 14 November 2017 to all unitholders of record as of the close of the business on 2 November 2017.
Höegh LNG Partners LP is a growth-oriented limited partnership formed by Höegh LNG Holdings Ltd. HMLP's strategy is to own, operate and acquire FSRUs and associated LNG infrastructure assets under long-term charters. It has interests in five FSRUs that have an industry leading average remaining firm contract duration of 11.7 years plus options as of 30 September 2017.