HAMILTON, BERMUDA -- (Marketwire) -- 01/13/12 -- Golar LNG Limited ("Golar" or the
"Company") announced today that it has
executed a time charter for one of its modern LNG carriers, the Golar
a major Japanese trading company for a firm period of 3 years.
The charter is expected to commence in March 2012 following the end
vessel's current charter. The annualised EBITDA contribution from
commencement of this new charter is expected to be approximately $45
which represents attractive returns for shareholders and is a positive
of the current market for LNG shipping.
Golar's Chairman, John Fredriksen said in a comment "The limited
LNG shipping in the market is creating excellent chartering
our open vessel positions. We anticipate that the market will remain
some time to come and therefore we are extremely optimistic about the
performance of the existing fleet and our investment in newbuild
Golar has multiple open positions extending from present out into 2014
creates a solid basis for aggressive future growth of our Company."
January 12, 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
Golar Management Limited
+ 44 207 063 7900