Golar LNG Partners L.P.

July 25, 2012 09:19 ET

Golar LNG Partners LP Second Quarter 2012 Cash Distribution

HAMILTON, BERMUDA--(Marketwire - Jul 25, 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 June 30, 2012 of $0.44 per unit. This represents an increase of 2.3 percent from the first quarter of 2012.

As already announced in connection with the acquisition of Nusantara Regas Satu, the Partnership's management has recommended to the Board that the quarterly distribution rate be increased to $0.475 per common unit (a 10.5% increase from the first quarter dividend of $0.43), effective for the distribution in respect of the quarter ending September 30, 2012. The Board has however decided to approve an earlier commencement of part of this increase with the balance of the increase to be considered for the third quarter of 2012.

This cash distribution will be paid on August 15, 2012 to all unitholders of record as of the close of business on August 3, 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 July 25, 2012

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Source: Golar LNG Partners L.P. via Thomson Reuters ONE [HUG#1629243]

Contact Information

  • Contact:
    Investor relations enquiries:
    Golar Management Limited
    + 44 207 063 7900
    Graham Robjohns
    Stuart Buchanan