Golar LNG Limited’s wholly owned subsidiary, Golar GHK Lessors Limited (Golar GHK), has entered into a sale and purchase agreement under which a 10% interest in the total registered issued capital of Golar Hilli Corporation (Hilli) will be sold to KSI Production Pte Ltd, an indirect wholly owned subsidiary of Keppel Corporation Limited (Keppel).

Completion of the sale is subject to the receipt by Golar of the initial consideration. In connection with the sale, Golar GHK and Golar Hilli Corporation have also entered into a Shareholders Agreement with Keppel, which will take effect upon completion that governs the relationship between the parties with respect to the conduct of the business to be undertaken by Hilli.

Tags: Golar LNG