Norwegian FSRU player Hoegh LNG has resolved a dispute with Indonesian state-owned gas firm PT Perusahaan Gas Negara (PGN), a unit of Pertamina, over issues related to the Lampung FSRU charter.
“With reference to the previously disclosed disputes and pending arbitrations with the charterer of PGN FSRU Lampung, Hoegh LNG is pleased to announce that the parties have entered into an amicable settlement,” Hoegh LNG said on Tuesday.
Höegh LNG said that the two firms have agreed to “finally and irrevocably settle all of the disputes, claims, and counterclaims between the parties that…
