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Höegh LNG: Board approval of 2014 annual financial statements

On 24 March 2015, the Board of Directors of Höegh LNG Holdings Ltd. (the "Company") approved the 2014 annual financial statements prepared in accordance with International Financial Reporting Standards. The approved result for 2014 was reduced by USD 1.2 million compared to the preliminary full year result released on 28 February 2015 due to a subsequent event on which the Company has reached an understanding with its client and the pipeline contractor relating to the delayed start up of the FSRU project in Indonesia.

The annual report 2014 will be made available on the Company's web in April 2015.

The Company's annual general meeting will be held on 12 May 2015.About Höegh LNG:

Höegh LNG provides floating energy solutions and operates world-wide with a
leading position as owner and operator of floating LNG import terminals;
Floating storage and regasification units (FSRUs). The Company has developed
low-cost solutions for floating liquefaction terminals (FLNG) and is one of
the most experienced operators of LNG Carriers (LNGCs). Höegh LNG's vision is
to be the leading provider of floating LNG solutions and the strategy is to
continue to focus its growth plans on the FSRU and the FLNG market, with the
objective of securing long-term contracts with strong counterparts at
attractive returns. Höegh LNG is a Bermuda based company with established
presence in Oslo, Singapore, London, Miami, Jakarta and Klaipeda. The
company employs approximately 95 office staff and 500 seafarers


Sveinung J. S. Støhle, President and Chief Executive Officer, Telephone +47
975 57 402
Steffen Føreid, Chief Financial Officer, Telephone + 47 975 57 406
Birgitte Hjertum, VP Strategy and Investor Relations, Telephone +47 975 57 432

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act or the Continuing Obligations of
Oslo Børs


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Höegh LNG via Globenewswire


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