Hoegh sees Aus­tralia as next LNG mar­ket

New Straits Times - - Business -

MEL­BOURNE: Nor­way’s Hoegh LNG Hold­ings is tar­get­ing Aus­tralia as the next des­ti­na­tion for its liq­ue­fied nat­u­ral gas im­port ships, said its chief ex­ec­u­tive yes­ter­day, aim­ing to fill a loom­ing sup­ply gap that had sent prices soar­ing. It has started talk­ing to Aus­tralia’s en­ergy re­tail­ers and also sees big gas users as po­ten­tial cus­tomers, with float­ing re­gasi­fi­ca­tion and stor­age units giv­ing them ac­cess to the world mar­ket. “(Aus­tralia’s) at the top of the op­por­tu­nity list on our side,” said chief ex­ec­u­tive Svei­n­ung Støhle. Agen­cies

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