Höegh LNG Holdings Ltd. (Höegh LNG) is pleased to announce that it has completed and signed all documentation for a 10-year FSRU charter with Terminal de Regaseificação de GNL de São Paulo S.A. (“TSRP”). This concludes the agreements for the binding Heads-of-Agreement listed as a subsequent event in the interim results for the quarter ended 30 September 2021.

TSRP is a subsidiary of Compass Gás & Energia, a Cosan Group company, that through its distribution company, Comgás, is Brazil’s largest gas distributor. The Höegh Gannet is assigned to the charter and operations are expected to start in late 2022 or early 2023.

About Höegh LNG

Höegh LNG operates world-wide with a leading position as owner and operator of floating LNG import terminals; floating storage and regasification units (FSRUs), and is one of the most experienced operators of LNG Carriers (LNGCs). Höegh LNG's vision is to be the industry leader of floating LNG solutions. Its strategy is to develop the business through an extended service offering, with large-scale FSRUs as the main product, and focus on establishing long-term contracts with attractive risk-adjusted returns involving credible counterparts. The company is publicly listed on the Oslo stock exchange under the ticker HLNG, and owns approximately 46% of Höegh LNG Partners LP (NYSE:HMLP). Höegh LNG is a Bermuda based company with established presence in Norway, the Philippines, Singapore, the UK, USA, South Korea, Indonesia, Lithuania, Egypt, Colombia and Turkey. The company employs approximately 155 office staff and 525 seafarers.

About Compass Gás & Energia

Compass Gás & Energia, a Cosan Group company, operates and invests in four business segments, establishing itself as an additional platform of activities to explore opportunities in Brazil’s natural gas and energy sectors.