LONDON--(Marketwire - Jul 9, 2012) - Golar LNG Limited ("Golar" or the "Company")
announced today that it has entered into an agreement to sell the ownership
interests in the companies that own and operate the floating storage and
regasification unit ("FSRU") Nusantara Regas Satu ("NR Satu") (formerly
Khannur) to Golar LNG Partners L.P. ("Golar LNG Partners") for a price of
USD385 million. The transaction is subject to the satisfaction of certain
The Company expects to reinvest a significant part of the net proceeds
from the sale in new LNG carriers and FSRU's.
The Board believes that the transaction is a further testament to the
and efficiency of the Golar group's corporate structure which
monetisation of long term contracts whilst at the same time providing
Golar LNG Partners.
July 9 2012
This information is subject of the disclosure requirements pursuant to
5-12 of the Norwegian Securities Trading Act.
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Source: Golar LNG via Thomson Reuters ONE