A floating storage and gasification unit has been given the thumbs up by its new owner, LNG Hrvatska.
The 140,000-cbm LNG Croatia (built 2005) has been accepted by the Croatian company and its sale is complete, seller Golar LNG said on Wednesday.
The Tor Olav Troim-backed company said the sale will free up roughly $47m in cash over the next two quarters after Golar pays off the vessels' debt and costs of converting it from an LNG carrier.
