Golar LNG Partners has reported a slip in first-quarter profits that it blamed on the acquisition of an FSRU from its parent.
The spin-off of John Fredriksen-led Golar LNG booked $19.5 million in net income during the period, an 18% drop on the $23.8 million booked a year earlier.
Golar Partners said the dip was a result of interest on the loan it used to buy the floating storage and regasification unit Golar Freeze (built 1977).
