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Golar LNG Energy - Sale of LNG Limited shares



2009-11-14 00:05:03 -


London, November , 14, 2009
Golar LNG Energy Limited  (Golar Energy) advises that  it has sold  a
block of 9.6 million LNG Limited shares to institutional investors.
Golar Energy's holding after this sale amounts to approximately 6.3%
of LNG Limited's issued share capital.

Oscar Spieler, CEO of Golar Energy Management, commented that: "We
have taken this opportunity to rebalance our investment portfolio and
realise funds that will, in due course, likely be invested directly
in the Gladstone LNG Fisherman's Landing project. We are strongly
committed to the Gladstone LNG Fisherman's Landing project, we are
pleased with the progress of the project, which has achieved some
important milestones over the last few months and we continue to
invest directly in the project in terms of significant technical and
commercial resources including the secondment of personnel to the
project. The Gladstone LNG Fisherman's Landing project remains an
important part of Golar Energy's strategy and portfolio."

The sale will realise funds of approximately USD 11 million and
result in an accounting profit of approximately USD 8 million.

Golar LNG Energy Limited
November 13, 2009
Hamilton, Bermuda.

Questions should be directed to:

Golar Energy Management Ltd
Oscar Spieler: CEO - +65 6296 5518
Golar Management Ltd - +44 207 063 7900:
Graham Robjohns: Chief Financial Officer


This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.

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