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Golar LNG Partners LP preliminary fourth quarter and financial year 2020 results

Golar LNG Partners LP preliminary fourth quarter and financial year 2020 results Golar LNG Partners LP generated operating income of $32.2 million for the fourth quarter of 2020, exclusive of its interest in FLNG Hilli Episeyo. The Partnership reported net income attributable to unit holders of $20.7 million for the fourth quarter after accounting for $0.4 million of non-cash mark-to-market interest rate swap gains. The Partnership generated distributable cash flow1 of $31.6 million for the fourth quarter resulting in a distribution coverage ratio1 of 22.09. Golar Partners entered into an agreement and plan of merger (“the merger”, “the merger agreement”, or “the transaction”) with New Fortress Energy Inc. and certain of its subsidiaries (“NFE”) whereby NFE will acquire all of the Partnership’s common units for $3.55 per unit.

United arab emiratesGolar mariaGolar mazoHilli episeyoFortress energy incPartnership norwegianConflicts committee of the board directorsPartnership board of directorsNew fortress energyGolar freezeOperating revenuesGolar eskimoGolar partnersNet debtAnnualized adjustedConflicts committee

Golar LNG Limited preliminary fourth quarter and financial year 2020 results

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Golar LNG Limited preliminary fourth quarter and financial year 2020 results Golar LNGFebruary 25, 2021 GMT Delivering on our commitment to shareholders with two transformative transactions Iain Ross, CEO, Golar LNG, said: “Golar is pleased to report Q4 total operating revenues of $118.7 million, adjusted EBITDA1 of $78.0 million and net income of $9.5 million, driven by another quarter of uninterrupted commercial uptime in FLNG and a Q4 Adjusted TCE1 for the shipping fleet at $51,800 per day. Previously announced sales of Hygo Energy Transition Ltd. (“Hygo”) and Golar LNG Partners LP (“Golar Partners” or “the Partnership”) to New Fortress Energy Inc. (“NFE”), in transactions with a combined enterprise value of approximately $5 billion, deliver on Golar’s commitment to simplify its corporate structure and crystallize value to Golar shareholders. The combination of

Karl fredrik stauboDecember golarStuart buchananIain rossHilli episeyoPartnership seriesServices agreementPartnership to new fortress energy incBrent oilHygo energy transition ltdMeeting of the partnershipSecurities exchangeExchange commissionHygo energy transitionNew fortress energyGolar partners

Golar LNG Partners L P : Golar LNG Partners LP preliminary fourth quarter and financial year 2020 results

Golar LNG Partners L.P.: Golar LNG Partners LP preliminary fourth quarter and financial year 2020 results 436 20,716 4,600 81,414 Indirect administrative expenses are allocated to the FSRU and LNG carrier segments based on the number of vessels. Relates to effective share of revenues and expenses attributable to our investment in Golar Hilli LLC ( Hilli LLC ) had we consolidated our 50% ownership of the Hilli LLC common units. In order to incorporate the economic performance of the FSRU Golar Freeze into total partnership performance, management has determined that it will measure the performance of the Golar Freeze sales-type lease based on Adjusted EBITDA 1 (EBITDA as adjusted for the amount invoiced under sales-type lease in the period).

United arab emiratesHilli episeyoKarl fredrik stauboGolar mariaStuart buchananGolar mazoFortress energy incGolar powerConflicts committee of the board directorsHygo energy transition ltdCommission expensesExchange commissionGolar management ltdGolar hilliPartnership norwegianAdministrative services agreement

Investegate |Golar LNG Partners L P Announcements | Golar LNG Partners L P : Golar LNG Partners LP preliminary fourth quarter and financial year 2020 results

Investegate |Golar LNG Partners L P Announcements | Golar LNG Partners L P : Golar LNG Partners LP preliminary fourth quarter and financial year 2020 results
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

United arab emiratesHilli episeyoKarl fredrik stauboGolar mariaStuart buchananGolar mazoFortress energy incGolar powerConflicts committee of the board directorsHygo energy transition ltdCommission expensesExchange commissionGolar management ltdGolar hilliPartnership norwegianAdministrative services agreement

Golar LNG Limited Expects its First Quarter Time-Charter Equivalent to Reach $60,000/day

Golar LNG Limited Expects its First Quarter Time-Charter Equivalent to Reach $60,000/day
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Iain rossHilli episeyoPartnership to new fortress energy incHygo energy transition ltdHygo energy transitionNew fortress energyGolar partnersGolar vikingTime charter equivalentEnergy transition ltdStonepeak infrastructure partnersGolar boardCondensed consolidated statementsEpiseyo liquefaction tolling agreementHilli episeyo liquefaction tollingHilli episeyo liquefaction tolling agreement