Golar LNG Partners declares quarterly cash distribution

Golar LNG Partners has declared a quarterly cash distribution with respect to the quarter ended June 30, 2014 of $0.5475 per unit.

This represents a 4.8% increase from the previous quarter’s distribution, and is fully supported by earnings of the FSRU Golar Igloo, following its purchase from Golar LNG Limited on March 28.

The Golar Igloo commenced its five-year time charter with Kuwait National Petroleum in March.

This cash distribution will be paid on August 12, 2014 to all unitholders of record as of the close of business on July 31, 2014.

Press Release, July 16, 2014; Image: Golar LNG