Golar LNG Partners LP Second Quarter 2012 Cash Distribution
Golar LNG Partners LP (NASDAQ: GMLP) announced today that its board of directors
has declared a quarterly cash distribution with respect to the quarter ended
June 30, 2012 of $0.44 per unit. This represents an increase of 2.3 percent from
the first quarter of 2012.
As already announced in connection with the acquisition of Nusantara Regas Satu,
the Partnership's management has recommended to the Board that the quarterly
distribution rate be increased to $0.475 per common unit (a 10.5% increase from
the first quarter dividend of $0.43), effective for the distribution in respect
of the quarter ending September 30, 2012. The Board has however decided to
approve an earlier commencement of part of this increase with the balance of the
increase to be considered for the third quarter of 2012.
This cash distribution will be paid on August 15, 2012 to all unitholders of
record as of the close of business on August 3, 2012.
Forward Looking Statements.
This press release includes statements that may constitute forward-looking
statements. Such forward-looking statements are subject to a variety of known
and unknown risks, uncertainties, and other factors that are difficult to
predict and many of which are beyond management's control. Factors that can
affect future results are discussed in the registration statement filed by Golar
LNG Partners LP with the U.S. Securities and Exchange Commission (SEC), which is
available via the SEC's web site at www.sec.gov. Golar LNG Partners LP
undertakes no obligation to update or revise any forward-looking statement to
reflect new information or events.
Golar LNG Partners LP
Hamilton, Bermuda
July 25, 2012
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Source: Golar LNG Partners L.P. via Thomson Reuters ONE
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