Golar LNG Limited announced today that, further to the announcement on October 6, 2011, that it has completed the sale of the companies that own the floating storage and regasification unit Golar Freeze to Golar LNG Partners L.P.
The Golar Freeze is operating under a 10 year long-term contract with Dubai Supply Authority (DUSUP) with a remaining firm contract period of approximately 8.6 years.
DUSUP has the right to extend the charter term for up to an additional five years.
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Source: Golar LNG, October 20, 2011