HILLI EPISEYO
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Golar LNG Partners completed acquisition of equity interest in Golar Hilli, owner of FLNG Hilli Episeyo
Golar LNG Partners completed acquisition of equity interest in Golar Hilli, owner of FLNG Hilli Episeyo Golar LNG Partners LP announced on 12 July 2018, further to its announcement on August 16, 2017, that it has completed the acquisition of 50% of the common units in Golar Hilli LLC ("Hilli LLC"), the indirect owner of the FLNG Hilli Episeyo. The acquired interest in Hilli LLC represents the equivalent of 50% of the two liquefaction trains, out of a total of four that have been contracted to Perenco Cameroon SA and Société Nationale Des Hydrocarbures pursuant to a Liquefaction Tolling Agreement ("LTA") with an 8 year term, as well as a 5% interest in any future distributions generated by the currently uncontracted expansion capacity of Hilli Episeyo. The acquired interest will not be exposed to the oil linked pricing elements of the tolling fee under the LTA.
Golar LNG announces sale of an interest in the FLNG, Hilli Episeyo
Golar LNG Limited (NASDAQ: GLNG) (Golar) announced yesterday that it and affiliates of Keppel Shipyard Limited (Keppel) and Black and Veatch (B&V) have entered into a purchase and sale agreement (the PSA) for the sale of equity interests in Golar Hilli LLC to Golar LNG Partners L.P. (the Partnership), which will, on the closing date of the Sale, indirectly own the Hilli Episeyo (Hilli), a floating liquefied natural gas vessel. The Acquired Interests represent the equivalent of 50% of the two liquefaction trains, out of a total of four, that have been contracted to Perenco Cameroon SA and Societe Nationale Des Hydrocarbures (together, the Customer) for an eight-year term
Golar receives financing commitment for GoFLNG Hilli
Golar LNG Limited announced that it has received an underwritten financing commitment for its first GoFLNG project from CSSC (Hong Kong) Shipping Co. Ltd (“CSSCL”) in relation to a conversion financing and sale and leaseback transaction for the GoFLNG Hilli.
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