The issue of energy security has been thrown into sharp focus due to the return of hostilities to mainland Europe.
The weaponizing of energy has added another layer of complexity to an industry that is already grappling with how best to embrace an energy transition that would help to decarbonise the industry, as the demands of fighting climate change begin to take hold.
The situation in Eastern Europe has resulted in a growing number of governments in the region assessing how they can become more energy self-sufficient and reduce dependency on one supplier.
A company that is aiming to meet the dual challenge is Höegh LNG. The company has a worldwide presence and operates floating liquified natural gas (LNG) import terminals, floating storage and regasification units (FSRUs).
“The only way to replace the large volumes of Russian gas that have been imported into Europe is to start importing liquefied natural gas (LNG),” said Hoegh LNG President and CEO, Erik Nyheim. “Fortunately, some European countries have had LNG infrastructure in place, typically large LNG terminals, but very few floating terminals, which are fantastic assets.”
Höegh believes its innovations will be able to cater to all current energy challenges. Whether there is a desire to secure energy for the short term or participate in a successful energy transition that will take place over a period of time, Höegh will be able to assist the process.
If the world is to truly embrace an energy transition, the systems that will need to be put in place will have an increased complexity and will require support from those - such as Höegh, fully participating in the energy transition.
“We believe our company has a role to play in two arenas. Number one - LNG, what we’re doing today, is a natural gas and is the most efficient and cleanest form of hydrocarbon. It is also a very flexible fuel,” said Hoegh LNG Chairman, Morten W. Hoegh.
“So as renewable capacity is expanded and built out, you need an alternative. Gas is the fuel that the world should be using as much as possible - in parallel with renewables. LNG is a transition fuel and we’re very constructive about the role of energy in the energy transition.”
In the present day, Höegh’s FSRU fleet is already one of the most modern in the industry and has the most efficient power production currently available for FSRU operations. As a terminal company, they can also utilise their capabilities to enable carbon capture and store ammonia.
As a consequence, the company is at the cutting edge of sustainable practices. It allows them to push ahead with the development and implementation of technological innovations in their vessels that will continue to reduce emissions and contribute to the fight against climate change.
As LNG plays a vital role in ensuring energy and economic stability, a vision for the future of energy begins to take shape.
The issue of energy security has been thrown into sharp focus due to the return of hostilities to mainland Europe.
The weaponizing of energy has added another layer of complexity to an industry that is already grappling with how best to embrace an energy transition that would help to decarbonise the industry, as the demands of fighting climate change begin to take hold.
The situation in Eastern Europe has resulted in a growing number of governments in the region assessing how they can become more energy self-sufficient and reduce dependency on one supplier.
A company that is aiming to meet the dual challenge is Höegh LNG. The company has a worldwide presence and operates floating liquified natural gas (LNG) import terminals, floating storage and regasification units (FSRUs).
“The only way to replace the large volumes of Russian gas that have been imported into Europe is to start importing liquefied natural gas (LNG),” said Hoegh LNG President and CEO, Erik Nyheim. “Fortunately, some European countries have had LNG infrastructure in place, typically large LNG terminals, but very few floating terminals, which are fantastic assets.”
Höegh believes its innovations will be able to cater to all current energy challenges. Whether there is a desire to secure energy for the short term or participate in a successful energy transition that will take place over a period of time, Höegh will be able to assist the process.
If the world is to truly embrace an energy transition, the systems that will need to be put in place will have an increased complexity and will require support from those - such as Höegh, fully participating in the energy transition.
“We believe our company has a role to play in two arenas. Number one - LNG, what we’re doing today, is a natural gas and is the most efficient and cleanest form of hydrocarbon. It is also a very flexible fuel,” said Hoegh LNG Chairman, Morten W. Hoegh.
“So as renewable capacity is expanded and built out, you need an alternative. Gas is the fuel that the world should be using as much as possible - in parallel with renewables. LNG is a transition fuel and we’re very constructive about the role of energy in the energy transition.”
In the present day, Höegh’s FSRU fleet is already one of the most modern in the industry and has the most efficient power production currently available for FSRU operations. As a terminal company, they can also utilise their capabilities to enable carbon capture and store ammonia.
As a consequence, the company is at the cutting edge of sustainable practices. It allows them to push ahead with the development and implementation of technological innovations in their vessels that will continue to reduce emissions and contribute to the fight against climate change.
As LNG plays a vital role in ensuring energy and economic stability, a vision for the future of energy begins to take shape.
The issue of energy security has been thrown into sharp focus due to the return of hostilities to mainland Europe.
The weaponizing of energy has added another layer of complexity to an industry that is already grappling with how best to embrace an energy transition that would help to decarbonise the industry, as the demands of fighting climate change begin to take hold.
The situation in Eastern Europe has resulted in a growing number of governments in the region assessing how they can become more energy self-sufficient and reduce dependency on one supplier.
A company that is aiming to meet the dual challenge is Höegh LNG. The company has a worldwide presence and operates floating liquified natural gas (LNG) import terminals, floating storage and regasification units (FSRUs).
“The only way to replace the large volumes of Russian gas that have been imported into Europe is to start importing liquefied natural gas (LNG),” said Hoegh LNG President and CEO, Erik Nyheim. “Fortunately, some European countries have had LNG infrastructure in place, typically large LNG terminals, but very few floating terminals, which are fantastic assets.”
Höegh believes its innovations will be able to cater to all current energy challenges. Whether there is a desire to secure energy for the short term or participate in a successful energy transition that will take place over a period of time, Höegh will be able to assist the process.
If the world is to truly embrace an energy transition, the systems that will need to be put in place will have an increased complexity and will require support from those - such as Höegh, fully participating in the energy transition.
“We believe our company has a role to play in two arenas. Number one - LNG, what we’re doing today, is a natural gas and is the most efficient and cleanest form of hydrocarbon. It is also a very flexible fuel,” said Hoegh LNG Chairman, Morten W. Hoegh.
“So as renewable capacity is expanded and built out, you need an alternative. Gas is the fuel that the world should be using as much as possible - in parallel with renewables. LNG is a transition fuel and we’re very constructive about the role of energy in the energy transition.”
In the present day, Höegh’s FSRU fleet is already one of the most modern in the industry and has the most efficient power production currently available for FSRU operations. As a terminal company, they can also utilise their capabilities to enable carbon capture and store ammonia.
As a consequence, the company is at the cutting edge of sustainable practices. It allows them to push ahead with the development and implementation of technological innovations in their vessels that will continue to reduce emissions and contribute to the fight against climate change.
As LNG plays a vital role in ensuring energy and economic stability, a vision for the future of energy begins to take shape.