Golar LNG Limited ("Golar" or the "Company") announced today that it has completed its sale of interests in the companies that own and operate the LNG carrier Golar Grand to Golar LNG Partners L.P. ("Golar LNG Partners" or "the Partnership") for a price of $265 million.
As consideration, the Partnership will assume a $90 million finance lease liability (net of restricted cash) in respect of the Golar Grand and pay Golar the balance of $175 million in cash.
Hamilton, Bermuda
November 8, 2012
Enquiries:
Golar Management Limited - + 44 207 063 7900
Stuart Buchanan
Brian Tienzo
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)