Golar drops half of Hilli FLNG to partnership

Golar LNG is selling its partnership subsidiary a 50% stake in the first floating LNG production unit as the vessel readies for deployment. 

Golar, Keppel Shipyard and Black and Veatch are selling the stake in the Hilli Episeyo, for a net purchase price between $178m and $190m to Golar LNG Partners.

But closing of the sale remains contingent on Golar taking back the 170,000-cbm Golar Tundra (built 2015) from the partnership.