Summary
Formerly reliant on pipeline gas from Russia, Europe has turned to LNG and floating infrastructure to provide vital access to natural gas. Since 2022, Höegh Evi has expanded its fleet across Europe and now owns and operates more FSRUs in Europe than any other company.
Challenge
Europe’s reliance on Russian pipeline gas has left the continent vulnerable to geopolitical events and supply disruption. The flexibility of marine terminals and fast deployment made floating terminals the optimal solution for a reliable supply of natural gas, critical to both industry and households.
Solution
Höegh Evi has five vessels- half our fleet – located in Europe. The Independence has provided energy independence in Lithuania for the past decade. The other four were deployed in record time in 2022 and 2023. The Höegh Esperanza, Höegh Gannet and Neptune are in Germany and the Cape Ann is deployed to France. Together, our FSRUs in Europe have enough capacity to reach approximately 70 million European households.*
Impact
5
FSRUs located in Europe
1.5
HLNG fleet deployed to europe
70
million households in capacity equivalent* *Electricity consumption, assuming daily send-out of 500 million standard cubic feet of gas per FSRU, with all send-out used to produce electricity
Other projects
Meeting an urgent need for natural gas in Egypt
Enabling energy transition with H2 imports to Germany
Related news