Höegh LNG has been granted final approvals to go ahead with its Port Meridian Deepwater Port project in UK. On June 15th the Department of Energy & Climate Change (Offshore Environment and Decommissioning, OED) confirmed that a favourable Environmental Impact Assessment approval decision is given for the offshore part of the project. Barrow Borrow Council’s planning meeting consented to the development of the pipeline route, onshore facilities and access on the May 19th, which means that all main permits have been granted.

“This successfully completes more than 3 years of development work on the project, and confirms Höegh LNG’s strategy to design and develop a new competitive LNG market access into the UK natural gas market”, says Sveinung J. Stohle, CEO of Höegh LNG. “This is one of several projects of similar kind we have in our portfolio, and we are very pleased with the support the UK regulatory authorities have afforded us in this development. We are now focusing on the commercial part of the project, and are currently discussing with several major companies for the capacity at the terminal. Port Meridian will offer our customers new LNG import capacity and thus the possibility for marketers to diversify their sources and increase the security of supply to their consumers in UK, while LNG owners are offered an alternative and flexible solution for access to the attractive UK natural gas market.”

Tags: Hoegh LNG