|By Marketwire .||
|January 30, 2013 04:59 PM EST||
HAMILTON, BERMUDA -- (Marketwire) -- 01/30/13 -- 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. 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.
This information is subject of the disclosure requirements acc. to P. 5-12 vphl (Norwegian Securities Trading Act)
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Golar Management Limited
+ 44 207 063 7900