Dubai charter shortened

Written by  John McKay
Thursday, 13 July 2017
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July 13 (LNGJ) - Golar LNG Partners, the Nasdaq-listed US unit of the Norwegian fleet owner, said it had agreed certain amendments with the Dubai Supply Authority for the charter of the “Golar Freeze” floating storage and regasification unit deployed at Jebel Ali Port in the United Arab Emirates until May 2020. Dubai has two FSRUs on contract and does not currently fully use the “Golar Freeze”. Consequently, the charter has been shortened by a year until April 2019. “The operating cost element of the charter will be reduced to a nominal amount from November 2017 and Golar will similarly save operating costs from putting the vessel into lay-up pending new employment,” said Golar.

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