Completion Of Sale Of Golar Grand


HAMILTON, BERMUDA--(Marketwire - Nov 8, 2012) -

Golar LNG Limited ("Golar" or the "Company") announced today thatit has completed its sale of interests in the companies that own andoperate the LNG carrier Golar Grand to Golar LNG Partners L.P. ("GolarLNG Partners" or "the Partnership") for a price of $265 million.

As consideration, the Partnership will assume a $90 million financelease liability (net of restricted cash) in respect of the Golar Grandand pay Golar the balance of $175 million in cash.

Hamilton, Bermuda

November 8, 2012

This information is subject of the disclosure requirements acc. to §5-12 vphl(Norwegian Securities Trading Act)

This announcement is distributed by Thomson Reuters on behalf of ThomsonReuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Golar LNG via Thomson Reuters ONE[HUG#1656447]

Golar Management Limited
+ 44 207 063 7900
Stuart Buchanan
Brian Tienzo

View Comments (0)