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Rating: GLNG
Hold

Golar Lng (NASDAQ: GLNG) rated to Hold by Stifel

Friday,  May 23, 2014  12:00 AM ET by Betsy O'Brien Harrison

Stifel rated
Golar Lng (NASDAQ: GLNG) to Hold.

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.

Stifel



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