Keppel confirms contract with Golar LNG for FLNG conversion

Golar LNG Partners LP announced today that its board of directors has declared a quarterly cash distribution with respect to the quarter ended June 30, 2014 of US$ 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, 2014. The Golar Igloo commenced its five-year time charter with Kuwait National Petroleum in March 2014.

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

Adapted from press release by Ted Monroe

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/17072014/golar_lng_announces_quarterly_cash_distribution_1011/