Bermuda: Golar LNG Declares Cash Distribution of USD 0.3342 per Unit


Golar LNG Partners LP announced Friday that its board of directors has declared a prorated quarterly cash distribution with respect to the quarter ended June 30, 2011 of $0.3342 per unit.

The distribution was prorated for the period beginning on April 13, 2011, which was the closing date of Golar LNG Partners LP’s initial public offering, and ending on June 30, 2011, and corresponds to a quarterly distribution of $0.3850 per outstanding unit, or $1.54 per outstanding unit on an annualized basis. The pro rated cash distribution will be paid on August 12, 2011 to all unitholders of record as of the close of the business on August 5, 2011.

Golar LNG Partners LP provides floating storage regasification (“FSRU”) and liquefied natural gas (“LNG”) transportation services under long-term contracts. Its current fleet consists of two FSRU vessels and two LNG carriers.

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Source: Golar LNG, July 31, 2011;