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Clean Fuel

about 13 years ago

Golar LNG Sells Golar Maria for USD 215 Mil, Bermuda

Golar LNG Limited said that it has completed its sale of interests in the company that owns and operates the LNG carrier Golar Maria to Golar LNG Partners L.P. for a price of $215 million. As consideration, the Partnership will assume $89.5 million of bank debt in respect of the Golar Maria and pay

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Golar LNG Limited said that it has completed its sale of interests in the company that owns and operates the LNG carrier Golar Maria to Golar LNG Partners L.P. for a price of $215 million.

As consideration, the Partnership will assume $89.5 million of bank debt in respect of the Golar Maria and pay Golar the balance of $125.5 million in cash using the proceeds of its recent equity offerings, which closed on February 5, 2013, Golar LNG said in a statement.

[mappress] LNG World News Staff, February 08, 2013

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