Friday, December 6, 2013

Golar LNG Interim Report January–September 2013



  • Golar reports a third quarter 2013 net loss of $13.1 million (including a non-cash loss of $8.2 million on interest rate swaps) 
  • EBITDA generated in the quarter amounts to loss of $3.3 million but cash from operating activities improves from Q2 level to $23m in 
  • Q3 Golar concludes $1.1 billion funding facility for eight of its thirteen newbuilds 
  • Ten year FSRU time charter for the Golar Eskimo concluded with the Heshemite Kingdom of Jordan Five year FSRU time charter for the Golar Igloo concluded with the Kuwait National Petroleum Company 
  • Golar Tundra shipbuilding contract amended to include FSRU capability with a revised delivery date of November 2015 
  • Spot charter rates hold firm but market remains volatile and inefficient – as a result Gimi and Viking experience prolonged periods of offhire 
  • Board maintains dividend at $0.45 for the quarter
For more information, click the link below
Golar LNG Q3-2013

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