Golar LNG Sells Shares to Fund FLNGV Conversion

Golar LNG Sells Shares to Fund FLNGV Conversion

Golar LNG is offering 7,170,000 common units, representing limited partner interests in Golar LNG Partners LP, to fund a portion of the recently announced contract with Keppel Shipyard to convert the 126,000 cbm LNG carrier Gimi into a floating natural gas liquefaction facility (FLNGV).

Golar says that these proceeds will be in addition to the net proceeds expected to be received over the next two years from the recently announced USD 390 million sale of the Golar Eskimo to Golar Partners.

Following completion of the offering, Golar will own 1,668,096 common units, 15,949,831 subordinated units, the 2% general partner interest (through its ownership of the general partner) and all of the incentive distribution rights in Golar LNG Partners.


Share this article

Follow World Maritime News

In Depth>


<< Apr 2019 >>
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 1 2 3 4 5

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

CWC World Gas & Power Series: Brazil & the Americas Summit is the perfect meeting place to make contacts…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >