Golar LNG is to sell the 137,000-cbm Golar Freeze (built 1977) to newly formed Golar LNG Partners for $330 million.
The floating storage and regasification unit, currently in service under a long-term contract with the Dubai Supply Authority, is due to switch ownership by the end of the month.
Around $108 million of senior bank debt and $222 million of vendor financing in the form of a loan from Golar LNG will cover the acquisition.
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