Hoegh LNG has received commitment letters from four banks for a $250million credit facility to finance the floating storage and regasification unitset to act as Lithuania’s maiden import terminal.
The financing facility will be subject to guarantees by Norwegian creditagency GIEK and Korean agency K-sure.
According to Höegh LNG's President Sveinung Stohle, the facility willreplace the portion of an existing $288 million bridging loan that is dedicatedto the FSRU project.
