HAMILTON, BERMUDA--(Marketwire - Jul 25, 2012) - Golar LNG Partners LP (NASDAQ: GMLP)
announced today that its board of directors has declared a quarterly cash
distribution with respect to the quarter ended June 30, 2012 of $0.44 per
unit. This represents an increase of 2.3 percent from the first quarter of
2012.
As already announced in connection with the acquisition of Nusantara Regas
Satu,
the Partnership's management has recommended to the Board that the
quarterly
distribution rate be increased to $0.475 per common unit (a 10.5% increase
from
the first quarter dividend of $0.43), effective for the distribution in
respect
of the quarter ending September 30, 2012. The Board has however
decided to
approve an earlier commencement of part of this increase with the balance
of the
increase to be considered for the third quarter of 2012.
This cash distribution will be paid on August 15, 2012 to all
unitholders of
record as of the close of business on August 3, 2012.
Forward Looking Statements.
This press release includes statements that may constitute
forward-looking
statements. Such
forward-looking statements are subject to a variety of known
and unknown risks, uncertainties, and other factors that are
difficult to
predict and many of which are beyond management's control. Factors
that can
affect future results are discussed in the registration statement filed by
Golar
LNG Partners LP with the U.S. Securities and Exchange Commission (SEC),
which is
available via the SEC's web site at www.sec.gov. Golar LNG
Partners LP
undertakes no obligation to update or revise any forward-looking
statement to
reflect new information or events.
Golar LNG Partners LP
Hamilton, Bermuda
July 25, 2012
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(i) the releases contained herein are protected by copyright and
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Golar LNG Partners L.P. via Thomson Reuters ONE
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