Golar LNG reports consolidated net income of $16.3 million and consolidated operating income of $20.4 million for the first quarter of 2011, Golar LNG announces a cash dividend of $0.25 cents per share, Significant improvement in charter rates during the quarter
Golar secures charters for its 4 modern vessels of between 12 and 18 months. The contracts are expected to generate approximately $80 million of EBITDA on an annualized basis
Successful completion of the initial public offering of Golar LNG Partners raising gross proceeds of $310 million
Golar LNG orders 6 new LNG carriers from Samsung Heavy Industries and has options on a further 2 vessels
In April 2011, Golar LNG acquired shares in subsidiary company Golar LNG Energy Limited via private placement share swaps and cash purchases that increased its ownership to 95.1%. A voluntary offer has subsequently been made for the balance of the outstanding shares of Golar LNG Energy Limited and Golar LNG currently owns 99.4 % of the shares.
9 years ago
