Ghana set to sign gas agreement

According to CNBC, Ghana’s President is due to sign a gas purchase agreement this week. This leads us to believe that an FID on import infrastructure might be imminent, which we believe could be a catalyst for Höegh LNG’s FSRU 7 in Ghana. Based on our forecast of 1–2 awards per year, we believe we could see a new award soon as eight months have passed since the last award. The Q2 results are due out at 07:00 CET on 24 August, and we are above consensus net profit. We reiterate our BUY rec...