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Enter Symbol:
Rating: GLNG

Golar Lng (NASDAQ: GLNG) upgraded to Buy by DNB Markets

Thursday,  Jan 30, 2014  9:25 AM ET by Betsy O'Brien Harrison

DNB Markets upgraded Golar Lng (NASDAQ: GLNG) to Buy. Previously
DNB Markets upgraded to Golar Lng (NASDAQ: GLNG) to Hold on 04/03/2013, when the stock price was $36.38.

Golar LNG Limited (Golar) is an independent owner and operator of liquid natural gas (LNG) carriers (or vessels). The Company has fleet of 12 LNG vessels, of which one was delivered in January 2006 and one in June 2006. Golar is engaged in the acquisition, ownership, operation and chartering of LNG carriers through its subsidiaries. The Company operates 11 of its vessels through wholly owned subsidiaries and it has a 60% interest in the owning company of a vessel, the Golar Mazo. Six of the Company’s LNG carriers are contracted under long-term charters, three LNG carriers are contracted under short-term charters and three vessels are in medium term, five-year market related charter contracts with Shell. In November 2006 the Company acquired 20% interest in OLT Offshore Toscana S.p.A.

DNB Markets

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