G2O Golar LNG Limited

Acceptance and sale of FSRU LNG Croatia

Acceptance and sale of FSRU LNG Croatia

Golar LNG Limited (“Golar”) announces today that the FSRU LNG Croatia (formerly known as the Golar Viking) has been accepted by its customer LNG Hrvatska d.o.o. (“LNG Hrvatska”), and that the sale of the FSRU has been completed. The sale will release approximately $47 million of free cash to Golar between Q4 2020 and Q1 2021 after repayment of the vessel debt facility and settlement of remaining conversion and commissioning costs. Golar will now operate and maintain the LNG Croatia for a minimum period of 10 years under contract to LNG Hrvatska.

Forward-Looking Statements

This press release contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) which reflects management’s current expectations, estimates and projections about its operations. All statements, other than statements of historical facts, that address activities and events that will, should, could or may occur in the future are forward-looking statements. Words such as “may,” “could,” “should,” “would,” “expect,” “plan,” “anticipate,” “intend,” “forecast,” “believe,” “estimate,” “predict,” “propose,” “potential,” “continue,” or the negative of these terms and similar expressions are intended to identify such forward-looking statements.

These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Golar LNG Limited undertakes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise, unless required by applicable law.

Hamilton, Bermuda

December 23, 2020

Enquiries:

Golar Management Limited: 00

Iain Ross - CEO

Karl Fredrik Staubo - CFO

Stuart Buchanan - Head of Investor Relations



EN
23/12/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Golar LNG Limited

ABGSC Shipping & Transport Research ... (+3)
  • ABGSC Shipping & Transport Research
  • Olav Bakke
  • Petter Haugen
 PRESS RELEASE

Key information relating to the cash dividend to be paid by Golar LNG ...

Key information relating to the cash dividend to be paid by Golar LNG Limited (Ticker: GLNG) Reference is made to the third quarter 2025 report released on November 5, 2025. Golar LNG Limited (“Golar”), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around November 24, 2025.  The record date will be November 17, 2025.  Due to the implementation of the Central Securities Depository Regulation (“CSDR”), please note the information below on the payment date for the small number of Golar shares registered in Norway’s central securities depository (“VPS”...

 PRESS RELEASE

Golar LNG Limited Interim results for the period ended September 30, 2...

Golar LNG Limited Interim results for the period ended September 30, 2025 Highlights and subsequent events Golar LNG Limited (“Golar” or “the Company”) reports Q3 2025 net income attributable to Golar of $31 million, Adjusted EBITDA1 of $83 million and Total Golar Cash1 of $661 million, before bond offering proceeds in October 2025. Entered the U.S. rated bond market with $500 million of 5-year 7.5% senior unsecured notes (the “Notes”) on October 2, 2025. Repaid $190 million outstanding principal balance of the $300 million 2025 maturing 2021 Unsecured Bonds on October 20, 2025. Gimi op...

ABGSC Shipping & Transport Research ... (+3)
  • ABGSC Shipping & Transport Research
  • Olav Bakke
  • Petter Haugen
 PRESS RELEASE

Satisfaction of Conditions Precedent for 20-year charter of MK II FLNG...

Satisfaction of Conditions Precedent for 20-year charter of MK II FLNG to Southern Energy in Argentina, confirming $8 billion EBITDA backlog before commodity exposure and inflationary adjustments Hamilton, Bermuda – October 23, 2025- Golar LNG Limited (Nasdaq: “GLNG” or “Golar”) is pleased to announce today that all conditions precedent and customary closing conditions in connection with the 20-year charter of Golar’s 3.5MTPA MKII FLNG to Southern Energy S.A. (“SESA”) in Argentina have been satisfied. This milestone follows the execution of definitive agreements announced on May 2nd, 2025, ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch