HAMILTON (Indonesia Today) – Golar LNG expects to complete refinancing of $155 million vendor financing related to Nusantara Regas Satu (NR Satu) floating storage and regasification unit (FSRU).
Conversion of NR Satu was completed in April and the FSRU was delivered to the Charterer on May 4. The FSRU completed its acceptance procedures on July 13. The FSRU has been in operation in Indonesia.
Subsequent to the acceptance by its Charterer, Golar LNG completed its sale of interests in the companies which own and operate the NR Satu to Golar Partners on July 19, 2012. Golar sold the FSRU for $385 million.