Golar LNG Limited - Delivery of Golar Freeze

Golar LNG Limited - Delivery of Golar Freeze

ID: 21487

(Thomson Reuters ONE) -


Golar LNG Limited ("Golar") is pleased to announce that the Golar Freeze FSRU
has been delivered under its time charter to Dubai Supply Authority ("DUSUP") on
May 16, 2010.

Golar LNG Management CEO Graham Robjohns said in a comment; "This is a major
project milestone and a significant achievement. We are also delighted to have
successfully delivered the world's third FSRU conversion from an existing LNG
carrier, the first two of course also having been delivered by Golar. We would
also like to pay tribute to DUSUP and Shell, as DUSUP's technical adviser; our
excellent working relationship with them both and their dedication and
commitment have been a key ingredient to the success of the project thus far".

Highlighting the platform for growth that Golar's three successful FSRU projects
provide for the future, Golar Energy Management CEO Oscar Spieler said; "The
delivery of this project to the satisfaction of DUSUP and Shell together with
Golar's previous two FSRU projects successfully delivered and operating with
Petrobras is a clear demonstration of our ability to deliver projects which meet
our customer's expectations. We believe that this provides us with an excellent
platform from which to further grow this part of our business".

Abdulla Abdul Karim, General Manager of DUSUP commented that "The successful
conversion of the Golar Freeze into an FSRU is an important milestone for DUSUP
in our drive to ensure we continue to deliver clean natural gas to meet the
growing energy needs of Dubai. We look forward to working closely together with
Golar in this important project for Dubai as we move into the operations phase".



The final part of the project prior to the commencement of operations is the
commissioning and testing of the vessel and this is expected to take place later




this year.



Golar is currently engaged with a syndicate of banks documenting a refinancing
facility for the Golar Freeze which is expected to be concluded during the first
half of June.





Golar LNG Limited

May 26, 2010

Hamilton, Bermuda.



Questions should be directed to:



Golar LNG Management - +44 207 063 7900:

Graham Robjohns: Chief Executive Officer

Golar Energy Management - +65 6296 5518

Oscar Spieler: Chief Executive Officer


This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


[HUG#1418882]









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Datum: 26.05.2010 - 13:41 Uhr
Sprache: Deutsch
News-ID 21487
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