Golar LNG Partners L.P.

February 06, 2012 09:40 ET

Golar LNG Partners LP Fourth Quarter 2011 Cash Distribution

HAMILTON, BERMUDA--(Marketwire - Feb 6, 2012) -

Golar LNG Partners LP (NASDAQ: GMLP) announced today that its board of directors has declared a quarterly cash distribution with respect to the quarter ended December 31, 2011 of $0.43 per unit. This represents an increase of $0.03 per unit or 7.5 percent from the previous quarter. It also represents an 11.7 percent increase from the minimum quarterly distribution set at the time of the Partnership's initial public offering in April 2011.

The distribution increase is in line previous announcements, which indicated a recommendation to the Board to increase the quarterly distribution to $0.43 per common unit for the quarter ended December 31, 2011 following the acquisition of Golar Freeze.

This cash distribution will be paid on February 15, 2012 to all unitholders of record as of the close of business on February 9, 2012.

Forward looking statements.

This press release includes statements that may constitute forward-looking statements. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management's control. Factors that can affect future results are discussed in the registration statement filed by Golar LNG Partners LP with the U.S. Securities and Exchange Commission (SEC), which is available via the SEC's web site at www.sec.gov. Golar LNG Partners LP undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.

Golar LNG Partners LP Hamilton, Bermuda February 6, 2012

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Source: Golar LNG Partners L.P. via Thomson Reuters ONE


Contact Information

  • Investor relations enquiries:

    Golar Management Limited
    + 44 207 063 7900

    Brian Tienzo
    Graham Robjohns