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2016-02-10

Golar LNG: Sale of FSRU Golar Tundra to Golar LNG Partners LP

Hamilton, Bermuda: Golar LNG Limited ("Golar") announced today that it has
entered into a purchase agreement to sell theGolar Tundra
, a floating storage and regasification unit, to Golar LNG Partners LP ("Golar
Partners" or the "Partnership") for a sale price of $330.0 million.

In connection with the closing, the Partnership will receive a daily fee plus
operating expenses, aggregating to approximately $2.6 million per month, for
Golar's right to use the FSRU from the date of the closing until the date
that theGolar Tundra
commences operations under its time charter with West Africa Gas Limited. In
return, the Partnership will remit to Golar any hire income received with
respect to the Golar Tundra during this period. The sale is expected to close
in March 2016 and the vessel is expected to commence operations under its
time charter with West Africa Gas Limited at the end of the second quarter of
2016.

The sale of theGolar Tundra
will strengthen Golar's liquidity by approximately $130 million. The sale has
been arranged in accordance with the Omnibus Agreement which regulates
Golar's obligation to offer any vessel on charter for more than five years to
the Partnership.

FORWARD LOOKING STATEMENTS

This press release contains certain forward-looking statements concerning
future events and Golar's operations, performance and financial condition.
Forward-looking statements include, without limitation, any statement that
may predict, forecast, indicate or imply future results, performance or
achievements, and may contain the words "believe", "anticipate", "expect",
"estimate", "project", "will be", "will continue", "will likely result",
"plan", "intend" or words or phrases of similar meanings. These statements
involve known and unknown risks and are based upon a number of assumptions
and estimates that are inherently subject to significant uncertainties and
contingencies, many of which are beyond Golar's control. Actual results may
differ materially from those expressed or implied by such forward-looking
statements.

Hamilton, Bermuda

February 10, 2016

Enquiries:

Golar Management Limited: + 44 207 063 7900

Brian Tienzo

Stuart Buchanan

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Golar LNG via Globenewswire

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