Golar LNG Limited ("Golar" or the "Company") announced today that it has entered
into an agreement to sell the company that owns and operates the LNG Carrier
Golar Maria, together with its time-charter, to Golar LNG Partners L.P. ("Golar
LNG Partners") for a price of USD215 million. Â The transaction is subject to the
satisfaction of certain closing conditions.
The Company expects to reinvest a significant part of the net proceeds received
from the sale in its newbuilding program and other capital projects.
This is the fourth vessel acquisition facilitated by Golar's corporate structure
since Golar LNG Partners' IPO, proving again the efficiency of the structure
when it comes to the monetization of long term contracts that simultaneously
grow Golar LNG Partners.
January 30, 2013
Golar Management Limited - + 44 207 063 7900
This information is subject of the disclosure requirements acc. to Â§5-12 vphl
(Norwegian Securities Trading Act)
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Source: Golar LNG via Thomson Reuters ONE